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Landis Admits to Fraud With Floyd Fairness Fund and Makes Deal With Prosecutor

by John Symon
August 30, 2012 (San Diego, CA) – American cyclist Floyd Landis has reached a deal with federal prosecutors regarding charges of fraudulently soliciting contributions to fight doping charges reports ESPN. The man who finished first at the 2006 Tour de France only to test positive for synthetic testosterone and have his title stripped away has now agreed to repay some $1 million to all donors within three years.

Landis solicited the monies for the Floyd Fairness Fund – to pay for legal costs of fighting the doping charges before US Anti-Doping Agency (USADA) and ultimately before the Court of Arbitration for Sport (CAS) – all the while protesting that he was innocent.

In 2010, however, Landis admitted that he was indeed doping at the 2006 Tour de France. As their part of the deal, prosecutors have agreed not to proceed with the charges if donors are repaid within three years. It is unclear where Landis expects to find the funds needed for the repayments.

Read more here.





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