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2 9 - 0 4 - 2 0 0 6 Disgraced sprinter Montgomery arrested on fraud charge
TODAYonline
Tim Montgomery,
The US attorney's office in New York said the arrest of Montgomery, who
was due to appear in court in Norfolk, Virginia, later in the day, was the
result of a long-term investigation in which a grand jury has already
charged at least 10 other defendants, including the now retired
Montgomery's one-time coach, 1976 Olympic relay gold medallist Steven Riddick. Prosecutors say all those charged are accused of taking part in a conspiracy to defraud banks by depositing more than five million dollars "stolen, altered and counterfeit checks, as well as proceeds from such checks, and then to launder the proceeds from these checks through their various accounts." Two coffee businesses in New York owned by a local couple were used to launder some of the money, the indictment alleges. Defendants from the New York are are accused of sending fraudulent checks to defendants from other areas, including Montgomery and Riddick in Virginia. According to the indictment, Montgomery deposited three fraudulent checks worth 775,000 dollars into accounts associated with him, and he is also accused of receiving a 20,000 dollars to broker the transaction. The charges are another blow to the 31-year-old sprinter, who was once hailed as the fastest man in the world. Montgomery was banned for doping, despite the lack of a positive test, based on information gathered in the BALCO steroid distribution case. Montgomery effectively had his 100 metres world record of 9.78sec set in 2002 taken away from him as all his results since March 31 2001 were annulled. The record had already been eclipsed by the 9.77sec of Asafa Powell. After the ban was confirmed in December, Montgomery - who won a relay gold at the 2000 Olympics - retired from athletics, still insisting he never knowingly took any banned drugs.
Montgomery has a son with Marion Jones, Montgomery said Victor Conte, founder of the now-infamous BALCO laboratory, told him all of the products he provided as a nutritionist were legal. 1 3 - 0 7 - 2 0 0 6 Jones linked to illegal check ring
The Seattle Times Former gold medalist sprinter Marion Jones, now in the midst of a spirited comeback, has been linked to what authorities describe as a $5 million check-counterfeiting ring in which money was laundered through Norfolk, Va. Jones received a $25,000 check from one of the defendants in the case, a Norfolk businessman, and deposited it into her Wachovia Bank account last year, according to court records. Twelve people have been indicted in the New York-based case. Jones has not been charged, but two other people who received checks from the same account were indicted, and one of them pleaded guilty. Two associates of Jones also have been indicted: former boyfriend Tim Montgomery and Steve Riddick, her track coach, both Norfolk State University alumni. Jones was competing this week in Europe and was not available for comment, said her Dallas attorney. |
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