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Feds want their money back, joins whistle-blower lawsuit against Lance Armstrong
Posted on 2/23/13 at 12:53 am
Posted on 2/23/13 at 12:53 am
quote:
The U.S. Department of Justice said Friday it has joined the whistle-blower lawsuit against cyclist Lance Armstrong that was originally filed by a former teammate.
The civil lawsuit alleges that Armstrong and former team managers submitted false claims for government funds to the sponsoring Postal Service by their "regularly employing banned substances and method to enhance their performance" in violation of the sponsorship agreement, the federal announcement said.
Between 2001 and 2004, the Postal Service paid $31 million in sponsorship fees, but that affiliation has now been "unfairly associated with what has been described as 'the most sophisticated, professionalized, and successful doping program that sport has ever seen,' " said Ronald C. Machen Jr., U.S. Attorney for the District of Columbia.
"In today's economic climate, the U.S. Postal Service is simply not in a position to allow Lance Armstrong or any of the other defendants to walk away with the tens of millions of dollars they illegitimately procured," Machen said.
LINK
4
Posted on 2/23/13 at 7:57 am to Bench McElroy
It's so stupid how hard up the feds are for Armstrong. Wasting so much tax payer dollars on this crap.
Posted on 2/23/13 at 8:02 am to GeorgeTheGreek
Feds have had their arse handed to them every time they go after a sports figure. Getting old. Anyone who believed cycling for the last 7-8 years is in any way clean believes bodybuilding is clean.
Posted on 2/23/13 at 8:32 am to GeorgeTheGreek
quote:It is silly since the government benefitted from the publicity when he was winning, and now nobody gives a crap who his sponsors were so they don't suffer any loss of reputation. This is just grandstanding by the DOJ to stay in the news.
It's so stupid how hard up the feds are for Armstrong. Wasting so much tax payer dollars on this crap.
Posted on 2/23/13 at 9:23 am to Bench McElroy
The USPS is broke as hell and yet they were shelling out millions sponsoring that crap. Great idea.
Eric Holder is an idiot. I dislike Lance Armstrong, but I hope he can dodge the bullet on this one.
Eric Holder is an idiot. I dislike Lance Armstrong, but I hope he can dodge the bullet on this one.
Posted on 2/23/13 at 9:45 am to Bench McElroy
I read the suit through the link, and looked for more about the original suit the DOJ is joining. This is pretty interesting:
Wash Post article
quote:
False Claims Act whistleblower suits, which date from the Civil War era, are a mechanism for encouraging someone with information about fraud against the government — oftentimes an “insider” in a case of wrongdoing — to come forward, explains Peter Chatfield of Washington-based Phillips & Cohen, which specializes in such cases.
The plaintiff’s reward is a percentage of the money that’s recovered — 15-25 percent if the U.S. Department of Justice joins the action and takes the lead role in the case, or 25-30 percent if the private plaintiff pursues the case without the government’s help or resources, Chatfield said.
The insider can benefit financially, even if he was party to the fraud, as long as he wasn’t the mastermind.
Wash Post article
Posted on 2/23/13 at 10:12 am to Bench McElroy
This is stupid... he made them money... why are they suing
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