Former Buccaneers DT Warren Sapp Sued For Overdue Loan

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Browse: Home → NFC → Former Buccaneers DT Warren Sapp Sued For Overdue Loan

Former Buccaneers DT Warren Sapp Sued For Overdue Loan

01 October 2010
NFC
276770 Comment2010-10-01+10%3A47%3A30MKRob

A North Carolina bank is suing to collect nearly $1 million former Tampa Bay Buccaneers defensive tackle Warren Sapp borrowed for a lot in an exclusive mountain residential development near Asheville.

HomeTrust Bank of Asheville contends in its lawsuit filed earlier this month that Sapp owed a principle of $989,000, plus $70,000 in interest and late charges as of June. The bank says Sapp’s last payment was in February.

Sapp borrowed $990,000 in 2007 to buy property in Horseshoe Forest Preserve, which was marketed as having just 12 home sites on 150 acres.

An attorney for Sapp, Christopher Lyons of Miami, would not talk about the lawsuit Thursday. The lawsuit was first reported by the Asheville Citizen-Times.

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