Armstrong Misleads & Swindles Livestrong Donors

[Cimacoppi49]

http://translate.google.com/transla...g.no/sport/sykkel/artikkel.php?artid=10055415

Armstrong took funds the organizers thought were going to Livestrong and put them in his pocket

The guys who paid $35K to ride with Armstrong in Idaho (?) thinking they were making a $35K donation to Livestrong. They received receipts of only $25K for tax purposes and told the other $10K per rider went to Armstrong as a fee.

 

[Cimacoppi49]

Admission by Livestrong in the Norwegian article which, in effect, justifies that if Lance speaks the money is his not Livestrong (irrespective of how the money was induced).



In Tour Down Under did Lance speak?

Just because Armstrong spoke does not necessarily mean the money is legally his to keep. If only life were that simple.

 

[Velodude]

The CNN non vetted website where these occurrences have been reported in the OP has been updated cos of an intervention by one of the organising officials.

Bit of a slanging match in the "Comments" also.

Lance was paid but organisers refuse to divulge how much.

http://ireport.cnn.com/docs/DOC-860283

 

[thehog]

Just because Armstrong spoke does not necessarily mean the money is legally his to keep. If only life were that simple.

The money is not so much the issue. It's the intent, the transparency and the declaration. If the organisations and the attendees believed it was Livestrong event and they're unaware how much went to Armstrong then there's trouble.

The Comeback was full of these grey areas. It was compounded that Armstrong made it very clear from the start that he was "doing it for them".

In laymans terms he's a friggin' fraud. A shonky shister.

 

[neineinei]

http://www.vg.no/sport/sykkel/artikkel.php?artid=10055415

According to the article Katherine McLane, VP of Communications for Lance Armstrong Foundation, says that Livestrong as a rule dosen't accept payment for any speaches made by Armstrong.

The Norwegian Cycling Federation did however believe that payment would go to Livestrong when they made the aggrement that Armstrong should come to Oslo, ride the crit Oslo Grand Prix, make an appearance at a party, and give a speach about cancer. They paid 2,4 mill NOK + expences for a private jet. However, when they were to pay they were told by Armstrongs manager that the payment should be made to Armstrong, not Livestrong. President of the Norwegian Cycling Federation, Harald Tidemann Hansen, says that the name of the account they payed to contained the word Livestrong. Does that mean that Armstrong has/had a personal account named "Livestrong something"?

 

[DirtyWorks]

IRS are very particular about celebrity created foundations where the celebrity profits out of the foundation.

Let's hope Fabiani can't block any interest the IRS may have in examining those revenues. I'm a pessimist though. Loopholes are very likely present to make it all play out okay according to tax preparation rules.

 

[AussieEdge]

Needs to be broken down like his for the public

Livestrong made X
X was given to where they said that x%
Armstrong took x to whatever (list them)

And hope it's something that will shock

 

[oldschoolnik]

An uphill battle

An uphill battle when the "Paper of record" in US, the NY Times as recently as this week incorrectly reported:


Armstrong did overcome cancer and has, in fact, raised millions of dollars for cancer research. Paterno did in fact graduate players. Consider the public citizen who runs into a burning building and saves a family. Later we discover that the same citizen has been cited for domestic abuse. Should personal scandals negate the good deed? The lives are still saved.


http://www.nytimes.com/2012/10/22/sports/seeing-through-the-illusions-of-the-sports-hero.html

I already wrote the author and pointed out the Livestrong by their own admission, does not raise money for research. Sad.

 

[Velodude]

Needs to be broken down like his for the public

Livestrong made X
X was given to where they said that x%
Armstrong took x to whatever (list them)

And hope it's something that will shock

In this Alberta ride the organiser spokesperson is claiming that each rider benefited to the extent of $10,000 provided by the organisers - food, transport, giveaways, cycling clothes, etc.

It cost organisers benefits to riders amounting to $500,000 for 50 riders on each of the 2 days.

So they were limited under local law to deduct this benefit from the total paid by each rider in calculating the tax deduction.

A reasonable value of the benefit would be no higher than $500 at tops. The balance would be the (covert) payment to Armstrong which is consistent with payments he walked (or rode or flew) away with in Norway and Australia.

I wonder if the ride organisers complied with the Canadian tax obligations in withholding tax on payments to Armstrong or his corporation.

 

[Sarcastic Wet Trout]

An uphill battle when the "Paper of record" in US, the NY Times as recently as this week incorrectly reported:


Armstrong did overcome cancer and has, in fact, raised millions of dollars for cancer research.


http://www.nytimes.com/2012/10/22/sports/seeing-through-the-illusions-of-the-sports-hero.html

I already wrote the author and pointed out the Livestrong by their own admission, does not raise money for research. Sad.

The Lance Armstrong Foundation did support cancer research at one point, but stopped in 2005. So he could have raised $2 million that was paid out to research programs before that date.

 

[Oldman]

The Lance Armstrong Foundation did support cancer research at one point, but stopped in 2005. So he could have raised $2 million that was paid out to research programs before that date.

that's great. Hopefully donors will ask, like the IRS; where's the other $498,000.000.00 right now, Cowboy?

 

[Big Daddy]

Jet has been sold.

I remember hearing about this at the time and I couldn't believe it. Then I heard it over and over. Who knew riding charity rides could be so lucrative?

Wow. What a total d-bag that m-fer Armstrong is. The posts on this page alone were an eye opener. Taking millions from the charity that he supposedly helps? Literally half-million a day for a charity ride. On top of that Livestrong knowing about this and condoning this?!?! It's disgusting now how they deceive the public without the public knowing not a single penny goes to cancer research, but only to "awareness" so Lance can benefit from these charity rides.

And now the jet? It was registered to the bike shop, Mellow Johnny's. what a crock!

 

[Dear Wiggo]

And now the jet? It was registered to the bike shop, Mellow Johnny's. what a crock!

I think you will find there was a separate legal identity known as "Mellow Johnny's Aviation", and it was not in fact registered to the bike shop.

 

[neineinei]

Oslo Grand Prix 2009 was quite the spectacle; Armstrong pretending to be riding for Livestrong, in a Livestrong jersey, Pellizotti pretending to be KOM in his temporary polka dot jersey, and Hushovd pretending to be the best sprinter of TdF 2009 in his green jersey.

http://www.youtube.com/watch?v=vjVlpQ8Zz0w

 

[Benotti69]

https://www.youtube.com/watch?v=5QfmKivPwjI&list=UUaW0eZOsteJZsitdAN_ZLAg&feature=c4-overview


RL Smith, owner of In-Step Boulder, talks about his experience dealing with the LiveStrong Foundation after being diagnosed with testicular cancer.


Hopefully the 'livewrong' foundation will get found out sooner rather than later

 

[Fausto's Schnauzer]

Required viewing

https://www.youtube.com/watch?v=5QfmKivPwjI&feature=c4-overview&list=UUaW0eZOsteJZsitdAN_ZLAg=/

Follow the link above for commentary from RL Smith, a cyclist/cancer patient who shares his experience with Livestrong.

 

[mewmewmew13]

https://www.youtube.com/watch?v=5QfmKivPwjI&feature=c4-overview&list=UUaW0eZOsteJZsitdAN_ZLAg=/

Follow the link above for commentary from RL Smith, a cyclist/cancer patient who shares his experience with Livestrong.

Holy double cr@p
I am stunned…not surprised..

this poor guy is an excellent speaker and his story is a shock..
I'm posting this on my Facebook page as well this instant

thanx both of you posters for the link

 

[RobbieCanuck]

Even though the article slates him, it praises his efforts to find the cure for cancer. Out of interest, what % of money raised by Livestrong has gone on that? I know they contribute almost nothing these days, but what about prior to that shift in policy?

I cannot give the exact date but Livestrong.org has not donated any money for cancer research for several years, as opposed to say the Terry Fox Foundation whose sole goal is donating money to cancer research.

The money Livestrong.org raises appears to be used to providing cancer victims with advice about options, choices and resources etc. just like the normal health care system or other cancer agencies would. However by all accounts Livestrong.org does a good job of what they do.

PS Recent research indicates Livestrong.ca last donated money to pure research in 2005

 

[RobbieCanuck]

http://ireport.cnn.com/docs/DOC-860283

What is really needed is a forensic audit to determine how much money Livestrong.org in what ever fashion paid to Armstrong personally or to his cash cow machine Livestrong.com.

I am thinking of speaking fees, travel expenses etc., anything. Now that might be revealing and fraudulent, because anything LA did he did on the premise he was a clean cyclist now known as The Armstrong Lie!

 

[Afrank]

https://www.youtube.com/watch?v=5QfmKivPwjI&feature=c4-overview&list=UUaW0eZOsteJZsitdAN_ZLAg=/

Follow the link above for commentary from RL Smith, a cyclist/cancer patient who shares his experience with Livestrong.

Thanks for the link, very interesting and telling story. There was actually a time (long ago) when I thought that Livestrong was the one decent thing Armstrong did. At least everybody now knows that the words Armstrong and decent don't belong in the same sentence unless said in jest.

This part actually literally made me and go back and re-watch it. Hard to imagine someone would actually say something like this to a cancer patient looking for help.

If you can raise 4000 dollars you can come down to texas and ride your bike with Lance.

 

[Alpe73]

I cannot give the exact date but Livestrong.org has not donated any money for cancer research for several years, as opposed to say the Terry Fox Foundation whose sole goal is donating money to cancer research.

Props to TFO for what they do. Because Livestrong.org does not donate a lot of money to 'research for CURE', does not mean they are not using their money wisely in addressing the disease. There are over 200 types of cancer. The next time you see your doc, ask them how close they are to a cure for osteosarcoma (Terry's disease). Not good news. However, there are thousands of people living with and dying with the disease. Livestrong has the potential to help these people and I'm sure the org is doing a decent job at that.

[/QUOTE]However by all accounts Livestrong.org does a good job of what they do.[/QUOTE]

That is balanced and honest of you.

 

[spalco]

https://www.youtube.com/watch?v=5QfmKivPwjI&list=UUaW0eZOsteJZsitdAN_ZLAg&feature=c4-overview


RL Smith, owner of In-Step Boulder, talks about his experience dealing with the LiveStrong Foundation after being diagnosed with testicular cancer.


Hopefully the 'livewrong' foundation will get found out sooner rather than later

Wow. Very powerful speech.

 

[Morbius]

I don't know US law, but in UK it would be very simple to look up a charity's income and the proportion given to "good causes". The % given to good causes is often quoted by charities to demonstrate how low their fund raising overheads are.

This wouldn't separate out what livestrong.com are doing, but it would show .org

 

[Neworld]

Props to TFO for what they do. Because Livestrong.org does not donate a lot of money to 'research for CURE', does not mean they are not using their money wisely in addressing the disease. There are over 200 types of cancer. The next time you see your doc, ask them how close they are to a cure for osteosarcoma (Terry's disease). Not good news. However, there are thousands of people living with and dying with the disease. Livestrong has the potential to help these people and I'm sure the org is doing a decent job at that.

However by all accounts Livestrong.org does a good job of what they do.[/QUOTE]

That is balanced and honest of you.[/QUOTE]

Alpe,

The point is for all the money that LivestrongLIE takes from dying and sympathetic people all across the World they offer very little.

The Residents that work for me could sit down with a case of Diet caffeinated drinks and crunch out an 'informative' vapid website like that. It does not aid in research, formulate new therapeutic Chemo or XRT regimes essentially nothing. Notta.

LS does nothing, just like Chris Carmichael does for training cyclists.

It is worse than an a dismal website and organization, it inappropriately shunts money away from actual beneficial Charities where real medical funding for research is happening.

That is malelovent.

 

[zigmeister]

Even though the article slates him, it praises his efforts to find the cure for cancer. Out of interest, what % of money raised by Livestrong has gone on that? I know they contribute almost nothing these days, but what about prior to that shift in policy?

Really, you come on here and post about Livestrong/Armstrong, and it has to be one of the most widely covered topics, even major news networks have done stories, on how Livestrong spends/focuses their efforts and resources...with that??

I believe they feel that enough money is dumped into the "finding the cure" realm.

They focus on helping people with navigating the ridiculous amount of information, finding resources and dealing with that silly nonsense that is the medical field in the US as it relates to cancer.

http://www.livestrong.org/What-We-Do

Always wonder why every other org doesn't get the same scrutiny, that has 10x times the donors, media exposure and so forth, and they haven't actually done anything to find a cure either...ahem...Susan B Koman, the NFL the list goes on and on.