The Financial Issues Of Sergei Fedorov

from M.L. Elrick of the Detroit Free Press, After the bank came for his Maybach, his Maserati and his two Ferraris, Sergei Fedorov went after the bank. But Peoples State Bank isn’t the only lending institution Fedorov has accused of wronging him. The Russian hockey hero and former Red Wing All Star claims Citizens State Bank and Sterling Bank also concocted schemes to get him to pay off loans they issued to Joe Zada, a former friend whom Fedorov has also sued. Marc Beginin, one of Fedorov’s attorneys, claims the various banks conspired with Zada to make Fedorov pay off more than $10 million in loans taken out by Zada. continued