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:
“To get it right, be born with luck or else make it. Never give up. Get the knack of getting people to help you and also pitch in yourself. A little money helps, but what really gets it right is to neverI repeatnever under any conditions face the facts.”
—Ruth Gordon (18961985)
“To fight aloud is very brave,
But gallanter I know,
Who charge within the bosom
The Cavalry of Woe.”
—Emily Dickinson (18301886)