NFL star Adrian Peterson's financial woes are in the limelight after being indicted in three separate lawsuits for not repaying millions of dollars in loans, a Tuesday report said.
The 34-year-old Peterson seems to be suffering from cash.
Peterson's lawyer Chase Carlson released a statement on Tuesday in which he revealed that the Washington Redskins were in financial trouble after trusting the wrong people.
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"The truth behind Adrian Peterson's current financial situation is more than is reported at this time," the statement said. "For legal reasons, I can not go into detail, but I'll say that this is another situation where an athlete trusts the wrong people and is taken advantage of by those he trusts in. Adrian and his family are looking forward to details to be shared, if applicable. "
Peterson is currently facing three lawsuits, two of which have been filed within the past eight weeks. The first lawsuit was filed in 2017 by a Minneapolis bank, which accused Peterson of defaulting because it had borrowed $ 2.4 million, according to ESPN. Last year, he was ordered to repay more than $ 600,000.
Peterson filed a separate $ 4 million loan a month earlier, according to the Baltimore Business Journal. Later he missed his first payout of the loan.
A third lawsuit filed by a Pennsylvania lender alleges that Peterson is in default with a $ 5.2 million loan that it allegedly raised to pay its previous debts.