Lance Armstrong Settles Fraud Allegations Over US Postal Sponsorship for $5 Million

Armstrong settles federal lawsuit $5 million, will pay $1.65 million to cover Landis legal costs

Armstrong settles federal lawsuit $5 million, will pay $1.65 million to cover Landis legal costs

Lance Armstrong reached a $5 million settlement with the federal government in a whistleblower lawsuit that could have sought $100 million in damages from the cyclist who was stripped of his record seven Tour de France victories after admitting he used performance-enhancing drugs throughout much of his career.

Following his confession, the USA government joined the whistleblower suit, with attorneys on both sides going back and forth over the minutiae of the case for more than five years.

Armstrong countered that he had delivered tens of millions dollars more in promotional benefits during his historic championship run than what the Postal Service had paid out. Armstrong was not only the leader of the team but also had ownership stake.

"While I believe that their lawsuit against me was meritless and unfair, and while I am spending a lot of money to resolve it, I have since 2013 tried to take full responsibility for my mistakes and inappropriate conduct, and make amends wherever possible", Armstrong said in a statement to the AP. "There is a lot to look forward to". Landis' lawsuit alleged that the team's doping constituted defrauding the federal government. The US Anti-Doping Agency then charges Armstrong with cheating.

Armstrong denied the claims of doping when Landis filed the suit in 2010, but was later investigated and charged with multiple anti-doping rule violations by the US Anti-Doping Agency in 2012. Also called were former teammate Frankie Andreu and his wife, Betsy Andreu, who have contended that when Armstrong was recovering from brain cancer surgery in 1996 he admitted to his doctor in their presence that he used EPO, growth hormones and steroids.

Chemical inspectors enter Syria's Douma amid concerns for probe
These attacks occurred in a rebel-held suburb east of Damascus named Douma. There was no comment from the OPCW or the United Nations on Wednesday.

Snapchat is rolling out new AR shopping tools
The first two brands are utilizing the " website " lens to promote their products and direct potential customers to a website . That's especially true when you consider that Snap reports that 70 million users are engaging with Lenses each and every day.

Hear Prince's Original "Nothing Compares 2 U"
Investigators say that Prince took counterfeit pills that contained fentanyl before he died. The video was directed by Andrea Gelardin and Ruth Hogben.

1999: Wins first of seven consecutive Tour de France titles at age 27 and is nearly immediately forced to defend against questions about doping, which he strongly denies. Under the settlement, he will receive up to 22 percent of the agreed upon amount, $1.1 million, in addition to legal expenses.

2018: Armstrong settles the whistleblower lawsuit for $US5 million less than a month before a schedule May 7 trial. He also hosts a regular podcast in which he interviews other sports figures and celebrities and has provided running commentary on the Tour de France. Peters added that the Postal Service had previously boasted that sponsoring Armstrong's cycling team for $32 million was a marketing boon. Since 2013, the government has been involved, but Armstrong's legal team has been trying to get the case thrown out just as long.

The former cycling superstar was due to face a trial next month over claims that he defrauded the USA government when he doped while racing for his United States Postal Service-sponsored team.

The Washington Post reported Armstrong will also pay $1.65 million to cover the legal costs of former team-mate and whistle-blower Landis. Betsy Andreu, whose husband, Frankie, is a former Armstrong teammate, was the first to testify under oath about his performance-enhancing drug use in a 2005 civil lawsuit.

"But he does have to pull together some funds to pay the government over the next year", Peters said.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.