Money Laundering Charge
In April 2006, Montgomery was indicted and arrested on fraud charges for his alleged involvement in a money laundering scheme. He is accused of depositing three bogus checks totaling $775,000. Montgomery allegedly received $20,000 for his participation. His former coach, Steve Riddick, was also a defendant in the case.
Riddick is serving a prison term of five years and three months. Marion Jones served a six-month prison term for lying to investigators about the check-fraud scam.
Montgomery pleaded guilty to the charges on April 9, 2007. He was sentenced to 46 months in prison on May 16, 2008.
Read more about this topic: Tim Montgomery
Famous quotes containing the words money and/or charge:
“Say that the men of the old black tower
Though they but feed as the goatherd feeds,
Their money spent, their wine gone sour,
Lack nothing that a soldier needs,
That all are oath-bound men;
Those banners come not in.”
—William Butler Yeats (18651939)
“To fight aloud is very brave,
But gallanter I know,
Who charge within the bosom
The Cavalry of Woe.”
—Emily Dickinson (18301886)