Looks like Vick could be in big trouble. From the CNN article:
Vick, 27, and three associates were indicted by a federal grand jury in Richmond, Virginia, on a conspiracy count alleging they bought and sponsored dogs in an animal fighting venture and traveled across state lines to participate in illegal activity, including gambling.
According to the indictment, dogs that didn't show enough fighting spirit, or that lost matches, were put to death by a variety of methods, including shooting, drowning, hanging and electrocution. Prosecutors allege that on one occasion earlier this year, Vick participated in killing eight dogs.
He is, of course innocent until proven guilty. But, they've got something to go on...
The owners of the winning dogs collected purses that ran into the thousands of dollars, and spectators also placed side bets on the outcome, prosecutors said. After one of the "Bad Newz" dogs lost a fight in March 2003, Vick personally paid $23,000 to the owner of the winning dog, who is now a cooperating witness for the prosecution, the indictment said.
I posted an article below that has a lot of general info and photos on dog fighting (before I'd heard about the indictment). Although it doesn't address this case specifically, it's good to put a furry face on the issue. No matter how hard it is to look at.
Update - The Smoking Gun has the indictment. No time for me to read it tonight but will be going through it tomorrow.