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  • Brett Davis
  • Mon April 23 2018
  • Posted Apr 23, 2018

Lance Armstrong has agreed to pay the federal government $5 million to settle fraud allegations that could have resulted in a nearly $100 million penalty. The U.S. Postal Service, which had sponsored the disgraced cyclist's team, argued that Armstrong defrauded taxpayers by accepting millions from the government agency while using performance-enhancing drugs during competition.

"A competitor who intentionally uses illegal PEDs not only deceives fellow competitors and fans, but also sponsors, who help make sporting competitions possible," Chad Reader, acting attorney general for the Justice Department's civil division, said in a statement. "This settlement demonstrates that those who cheat the government will be held accountable."


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