Looks like some people have been stealing from Pacquiao (not surprising).
Pacquiao vs Marquez in Jeopardy : Pacquiao Financial Problems
Where did Manny's money go?
July 24th, 2011
Brad Cooney
Recently Manny “Pacman” Pacquiao was advised by one of the “good guys” in his circle to bring in VisionQwest to take a good look at his financial records in order to determine if his money has been on the up and up.
According to a reliable source, VisionQwest has found a substantial amount of discrepancies far exceeding the million dollar tax refund that Bob Arum was quoted as saying.
8CN welcomes Bob Arum and or Michael Koncz to join us to either deny or admit these allegations.
8CN has also been informed by our sources that Manny Pacquiao has not signed the contract to fight Juan Manuel Marquez, which is set for November. Our sources inform us that Pacquiao and his newly hired team (VisionQwest) are not satisfied with the alleged 20 million dollar guarantee (plus upsides of the PPV). Sources tell us that VisionQwest through their investigation have determined that Pacquiao has been extremely underpaid for years, particularly with the PPV buys.
Our sources tell us that no matter what Koncz is saying to selected media types about remaining Pacquiao's adviser, it's simply not true. Pacquiao has signed a contract with VisionQwest, and they are currently handling all of Pacquiao's business matters.
8CN will continue to stay on this story and update you accordingly.