Lance Armstrong gets the bill for lying

Lance Armstrong has more troubles than just the traffic accident, where he asked his girlfriend to be the fallguy.

A panel decided in a 2-1 decision that Lance must fork over $10 million to S.C.A. Promotions, a Dallas company that paid him bonuses for winning the Tour de France. But it gets worse.

Next on the Tour de Courts for Armstrong is a suit filed by the federal government that could cost Armstrong 100 MILLION Dollars.

From USA Today:

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The company put its reputation at risk for its stance but wouldn’t back down. It suspected Armstrong had cheated to win the race and didn’t want to pay him if he did. When the case went to arbitration in 2005, SCA Promotions attorney Jeffrey Tillotson asked Armstrong about banned drug use.

“We are very pleased with this result,” SCA President and founder Bob Hamman said in a statement. “It is hard to describe how much harm Lance Armstrong’s web of lies caused SCA, but this is a good first start towards repairing that damage.”

 

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