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Track and Field: Montgomery pleads guilty in fraud scheme

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Old 04-28-2006, 12:49 PM
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Talking Sprinter Montgomery charged with fraud scheme



What a disgrace.

===============

http://sports.espn.go.com/oly/news/story?id=2425460

Associated Press

NEW YORK -- Olympic gold medalist Tim Montgomery was arrested Friday on charges that he was connected to a multimillion-dollar bank fraud and money laundering scheme, prosecutors said.

A grand jury indictment unsealed in New York charged the star sprinter and his gold medalist track coach, Steven Riddick, and 11 other people. Authorities said the group has been under investigation for some time.

The U.S. attorney said all defendants were charged with participating in a conspiracy to defraud banks by depositing about $5 million in stolen, altered or counterfeit checks. Some of the money was laundered through a coffee businesses owned by a New York couple, according to the indictment.

Montgomery, the former 100-meter world record holder, is accused of depositing three bogus checks worth a total of $775,000 and picking up a $20,000 fee for brokering the transaction.

The 31-year-old runner also was banned from track and field for two years by the Court of Arbitration for Sport for doping based on evidence gathered in the criminal investigation of BALCO. Montgomery retired in December rather than wait out the suspension. He never tested positive for drugs, and maintains he never knowingly took steroids or any other banned substances.

All of Montgomery's performances were wiped off the books as of March 31, 2001 -- that includes the world record of 9.78 seconds he set in Paris in September 2002. Asafa Powell of Jamaica broke that record with a 9.77-second run in Athens last June 14. Montgomery won his gold medal in the 400-meter relay at the 2000 Olympics.

Montgomery, who has a son with Olympic gold medalist sprinter Marion Jones, said BALCO founder Victor Conte served as his nutritionist from December 2000 to June 2001 and told him that all of the substances he was providing were legal. But he conceded that Conte could have supplied him with banned substances without his knowledge.

Conte has admitted distributing the steroid THG, which at the time couldn't be detected in tests. That changed when Trevor Graham, former coach for Montgomery and Jones, sent a vial containing THG to USADA that tipped authorities to what some athletes were using.
Old 04-28-2006, 01:02 PM
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Old 04-28-2006, 01:10 PM
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a guy from florida who played football told me "the best athletes are in prison"

this is starting to look more and more true
Old 04-28-2006, 01:13 PM
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Originally Posted by btsilver
Old 04-28-2006, 03:03 PM
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Originally Posted by Ol Blue Eyes
a guy from florida who played football told me "the best athletes are in prison"

this is starting to look more and more true
So, what you're postulating is that it's only a matter of time for people of the likes of LeBron James and Alexander Ovechkin to be in jail...?
Old 04-28-2006, 03:30 PM
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What a looser!!! I also think they should strip Marion Jones of her medals. She was definitely juiced for the olympics...
Old 04-28-2006, 03:37 PM
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Ha Ha .... Won't be able to do alot of spinting in a 4x8 jail...
Old 04-28-2006, 03:45 PM
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Originally Posted by F900
Ha Ha .... Won't be able to do alot of spinting in a 4x8 jail...
But, the sprinting'll be darn useful avoiding shower rape.
Old 04-09-2007, 11:24 AM
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Post Track and Field: Montgomery pleads guilty in fraud scheme

Wow...how far he's fallen. Ben Johnson looks like a saint next to this guy.

NEW YORK -- Olympic gold medalist Tim Montgomery pleaded guilty Monday in connection with a multimillion-dollar bank fraud and money laundering scheme, his lawyer said.

The attorney, Robert McFarland, declined to discuss the charges involved in the plea, and the U.S. attorney's office had no immediate comment.

Montgomery was charged last year along with his track coach, Steven Riddick, and 11 others in an alleged conspiracy to deposit $5 million in stolen, altered or counterfeit checks over three years at several banks.
From ESPN...
Old 11-27-2009, 12:09 PM
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Montgomery Talks About Doping, Marion Jones...

From ESPN...

Tim Montgomery says he started taking performance-enhancing drugs because he wanted to beat American sprint rival Maurice Greene and become the fastest man in the world.

The former 100-meter world-record holder, who also said he and former partner Marion Jones stored their steroids in the refrigerator "next to the vegetables," spoke to The Times of London newspaper from a federal prison in Alabama, where he is serving time for bank fraud and drug dealing.

"Maurice got in my head real bad," Montgomery said in the interview, which was published Friday. "I wanted everything that he had."

Montgomery criticizes Greene for "clowning the other athletes." And it was after the 1999 world championships in Seville, Spain, that Montgomery decided do something.

"I would give anything to be the world's fastest," said Montgomery, who left coach Steve Riddick and joined doping-tainted coach Trevor Graham. "I wouldn't let anything get in my way."

Montgomery never tested positive for drugs, but he was linked to the BALCO doping investigation and has admitted that he doped before the 2000 Sydney Olympics. He retired in December 2005 after the Court of Arbitration for Sport banned him from track and field for two years.

Montgomery said he and Jones became an item in 2002 after spending several hours talking on a flight to Rome.

"Two hours later we were alone in a hotel room together. Two weeks after that we were crowned the world's fastest couple. And six months after that she was pregnant," said Montgomery, who added that Jones could make herself cry for the cameras.

"Her best work was when she passed a lie detector test."

A short time after they got together, Montgomery set the world record in the 100 in Paris, running 9.78 seconds -- one hundredth of a second faster than Greene's previous record, which has been wiped from the books.

Despite his success, Montgomery said Jones was the "prima donna" of Graham's group of track athletes, and added that he was dating her for the public and not for himself.

"An athlete can be so consumed by being great," Montgomery said. "And we were too similar, we both wanted to achieve at any cost and you can't have two people like that together."

Last year, Jones served six months in prison for perjury in the BALCO case. She never tested positive for doping, but was stripped of her five medals from the Sydney Games after admitting that she was doping at the time.

Montgomery is now in a minimum-security prison in Montgomery, Ala., and works as a landscaper. But he said he has had some tough moments since being locked up, including having to beat up a pedophile cellmate in a New York prison because otherwise "the other inmates would have thought I was soft."
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