Monday, February 16, 2015

Armstrong Ordered To Pay $10M In Fraud Dispute

Disgraced cyclist Lance Armstrong has been ordered to pay $10m (£6.5m) by an arbitration panel in the US for lying about using performance-enhancing drugs. He was stripped of his medals after admitting to doping in an interview with Oprah Winfrey in 2013. "The $10m award, which must be paid directly to SCA Promotions, is believed to be the largest award of sanctions assessed against an ...

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