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Fedorov says he was swindled

Associated Press

Thursday, July 23, 2009

DETROIT -- Former Detroit Red Wings star Sergei Fedorov says a man entrusted to manage his money during the past 11 years swindled him out of $43 million. In a lawsuit filed Thursday in Wayne County Circuit Court, Fedorov says Joseph Zada of Grosse Pointe Shores also broke a promise to repay him $60 million by April 20. The suit says Zada "acting in concert with others" and "intentionally lied to Fedorov" whenever he asked about the money. There was no answer Thursday at a number listed for ...

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