Follow the money

The latest on the Armstrong Investigation:

The Italian sports daily La Gazzetta dello Sport reported Thursday that U.S. investigators are working with their Italian counterparts to review millions of dollars’ worth of financial transactions involving physician Michele Ferrari and several high-profile cyclists.

La Gazzetta’s Luca Gialanella reported that U.S. Food and Drug Administration criminal division investigator Jeff Novitzky has spent time working with prosecutors in Italy examining records of transactions, some of which date back to years when Ferrari served as a consultant to the former U.S. Postal Service cycling team and its star rider Lance Armstrong.

. . . Gialanella’s report suggests that the U.S. investigation has shifted its emphasis from one largely focused on doping allegations to a much broader case involving fraud, money laundering and tax evasion.

Sources close to the U.S. investigation recently told VeloNews that investigators have begun to focus on a years’ worth of secretive financial transactions involving “tens of millions and maybe more.”

http://velonews.competitor.com/2011/04/news/u-s-and-italian-authorities-examine-armstrong-ferrari-ties_169668.

Those were the days, eh?

Dr. Ferrari has been a longtime friend and trusted adviser to me and the USPS team…

http://www.prnewswire.co.uk/cgi/news/release?id=131301.

I’m pretty sure if push came to shove, that we’d soon find out that Michele Ferrari is no Greg Anderson.

Tick, tick, tick…

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About big jonny

The man, the legend. The guy who started it all back in the Year of Our Lord Beer, 2000, with a couple of pages worth of idiotic ranting hardcoded on some random porn site that would host anything you uploaded, a book called HTML for Dummies (which was completely appropriate), a bad attitude (which hasn’t much changed), and a Dell desktop running Win95 with 64 mgs of ram and a six gig hard drive. Those were the days. Then he went to law school. Go figure. Flagstaff, Arizona, USA

11 thoughts on “Follow the money

  1. Wow! I am glad to see the Gov’t is content to blow millions trying to figure out who cheated to win a race or two. I did not know cycling was on the agenda when congress gets together. I guess if they get headlines for this and baseball, it takes the heat off their transgressions. Sorry for the political twist, but this is a bunch of “horse hockey”. Just get back to whatever you should be doing.

  2. You should care about it because it’s potentially fraud of tens of millions of dollars. It involves more that trying to figure out who cheated to win a race or two, it involves the misuse of large amounts of public funds–because of the involvement of the US Postal Service team. It’s becoming a fundamentally different case from the Bonds and Clemens cases, which were straight perjury cases. This is tax evasion they’re talking about, and Uncle Sam takes that very seriously.

  3. …of course, capone had a few guys ‘whacked’ along the way…

    …armstrong might wanna whack a few folks but i doubt he’s really done it…

  4. “…armstrong might wanna whack a few folks but i doubt he’s really done it…”

    nah, he just wacked a few careers along the way.

    anyone remember Frankie Andreu?

    didn’t think so

  5. …frankie andreu…hmmm…you mean the guy toiling away in obscurity on vs. for 3 weeks out a’ the year ???…

  6. SFB,

    CUE DEEZ NUTZ…..

    A GROAN OF TEDIUM ESCAPES ME STARTLING THE FEARFUL. IS THIS A TEST? IT HAS TO BE, OTHERWISE I CAN’T GO ON. DRAINING PATIENCE, DRAIN VITALITY. THIS PARANOID, PARALYZED VAMPIRE ACT IS A LITTLE OLD. BUT I’M STILL RIGHT HERE. GIVING BLOOD- KEEPING FAITH. STILL RIGHT HERE .GONNA WAIT IT OUT….BE PATIENT….