Loans

Ex-Subway pitchman Jared Fogle suing incarcerated man over loan

Ex-Subway pitchman Jared Fogle suing incarcerated man over loan

Former Subway pitchman Jared Fogle is suing the incarcerated former head of his charitable foundation for allegedly defaulting on a $191,000 personal loan to buy an Indianapolis home.

Fogle claims in the lawsuit filed last week that Russell Taylor since May has not made monthly payments of $850 that were called for in a land contract dated March 10, 2014. The Indianapolis Star reported Monday that Taylor owed $184,400 as of Aug. 17.

Taylor, the executive director of the Jared Foundation from...

51°