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Felix Trinidad Strikes Bank Deal to Pay Off Debt
Former boxing great Felix "Tito" Trinidad allegedly lost $63 million of his earnings, something he blames on a former financial adviser. But according to the Associated Press, Trinidad struck a debt deal Tuesday with a local bank in his native San Juan, Puerto Rico, to temporarily halt a $2.9 million payment that Banco Popular had sought from the fighter. Trinidad and his dad filed a complaint alleging that former financial adviser Jose Ramos made investments without their permission, an accusation Ramos says is false.