Jack Johnson accused of conspiring with parents in bankruptcy case
Jack Johnson, who filed for bankruptcy last October after amassing more than $10 million in debt, is being accused of false representation, and perhaps fraud, by one of his largest creditors, TSN's Rick Westhead reports.
His report indicates that RFF Family Partnerships, a marketing company based in California, believes the Columbus Blue Jackets defenseman was working with his parents to take out a series of high-interest loans. Jackson blamed his parents for mismanaging his finances by securing the loans in his name without his knowledge and using his future NHL earnings as collateral.
Johnson reportedly ceased contact with his family as a result of his financial strife near the time of his bankruptcy.
He will earn $5 million this season in Columbus.
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