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Lance armstrong charge £120, for lies

Quick tips: Cyclist Lance Armstrong spoke exclusively with Oprah in his first interview since he was stripped of his Tour de France titles. He addressed the doping scandal, years of accusations of cheating and the use of performance-enhancing drugs throughout his career.

Disgraced cyclist Lance Armstrong faces a hefty bill of in the region of $20 million for lying about his use of performance-enhancing drugs in retrieving prize money
from insurance company SCA Promotions.
A Texas judge this week rejected Armstrong’s request to prevent an arbitration panel from reviewing the bonuses he was paid before admitting to doping throughout his fabled career.
He was banned for life and stripped of all results dating back to August 1, 1998 – including seven successive Tour de France titles – for doping, something he
belatedly confessed to in an interview with Oprah Winfrey in January 2013.
Dallas-based SCA Promotions is seeking the return of $12 million – Tour de France prize money of $1.5 million in 2002, $3 million in 2003 and $5 million in 2004, plus $2.5m in costs paid in 2004 – plus interest, costs and damages.
Jeff Tillotson, an attorney for SCA Promotions, told Press Association Sport: “It is beyond dispute that he perjured himself in our (2006) proceeding. The only thing left to resolve in this is in what manner should he be punished.
“He should not be allowed to retain the benefits he got from lying. He used his lies to obtain more than 10 million dollars from us.
“In addition we had several million dollars in legal fees and suffered an enormous amount of damaging publicity.
Those are factors we’re going to ask the panel to consider.”
The panel will meet on March 17 to discuss the case, which is a civil proceeding as the statute of limitations
means he avoids criminal charges.
“Whether he faces criminal or not, he did benefit financially tremendously from his lies,” Tillotson added.
I think everyone would agree too. Lol

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