Tim Montgomery - Money Laundering Charge

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:

    The great attraction of fashion is that it diverted attention from the insoluble problems of beauty and provided an easy way—which money could buy ... to a simply stated, easily reproduced ideal of beauty, however temporary that ideal.
    Theodore Zeldin (b. 1923)

    Today I love myself as I love my god: who could charge me with a sin today? I know only sins against my god; but who knows my god?
    Friedrich Nietzsche (1844–1900)