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U.S. Sues Lance Armstrong for False Racing Sponsorship Claims
From 1996 through 2004, the USPS sponsored a professional cycling team owned by Tailwind and its predecessors. Between 2001 and 2004 alone, the Postal Service paid $31 million in sponsorship fees. (Imagine how much could be recovered only the Justice Department went after its friends at the Wall Street firms, banks and ratings agencies that cost taxpayers billions upon billions of dollars because of false claims in the sub-prime mortgage business.)
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Posted in fools 'n frauds, litigation, people, racing
Tagged auto informed, autoinformed.com, automotive news, floyd landis, Ken Zino, lance armstrong
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