Wednesday, 18 February 2015

Lance Armstrong ordered to pay $10M in fraud case

Lance Armstrong ordered to pay $10M in fraud case


An arbitration panel ordered Lance Armstrong and Tailwind Sports Corp. to pay $10 million US in a fraud dispute with a promotions company for what it called an "unparalleled pageant of international perjury, fraud and conspiracy" that covered up his use of performance-enhancing drugs. Dallas-based SCA Promotions announced the 2-1 decision against the former cyclist when its lawyers said Monday they had asked Texas' 116th Civil District Court in Dallas to confirm the...

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