Official Lance Armstrong Thread **READ POST #1 BEFORE POSTING**

[Race Radio]

Trying not to gloat today

Will be fun to see how Fabiani spins massive tax evasion as "Done a lot of good"

 

[jimmypop]

Its a lot of money to someone who is a "family friend" and not a "professional" relationship.

Armstrong's only friends are those that he pays. Makes sense to me.

 

[Race Radio]

Good fireworks show this morning....but it gets better. The Grand Finale is coming very soon. Wonderboy not going to be able to spin his way out of what comes next.

It's always about the money.

 

[Benotti69]

he knew that i was responding to this post by slowspoke


his intention was to disrupt the conversation . exactly the type of issues brought up by granville in 'us against them' again, please do not feed the troll - report him.

to the specifics, how rigorous are italians investigating ferrari tax evasion. i heard it's almost a sport in itself (tax evasion) in italy.

the guardia di finanzia are the 'people' who go after the financial fraud, tax evasion etc and boy these guys, who are more military than police, do not mess about. they sling your *** in jail before even beginning to ask questions. A couple that are friends of my wife spent a week in jail due to a very weak association with a business colleague. to say they were traumatised is an understatement.

i hope the good doctor gets a call very early in the morning from them.

 

[BroDeal]

If the transfers go beyond Armstrong, the investigators are likely to uncover transfers in the seven figures (i.e. 'millions'). Of course, Armstrong alone is believed to have paid out more than a million.

The financial magnitude of the fraud may cause Lance/Fabiani/Public Strategies to rue the day that they decided to play the 'how much is this all costing' card.

A penalty for money laundering is $500K or double the amount involved, whichever is greater. With this amount of money involved, the fines could be enough to cover the investigation costs. It seems likely that transaction reporting requirements were evaded, especially with how beefed up such requirements became after 9/11 to protect us from the terrorists . Then there is the issue that the source of the funds may have come from a criminal act like fraud or were to be used for a criminal act.

 

[Race Radio]

rider agents who offered their clients packages of services that included Swiss lawyers and Swiss bank accounts.

Hey, look. It's Och and Tony Rominger.....no connection to Swiss bank accounts of course

 

[D-Queued]

Good fireworks show this morning....but it gets better. The Grand Finale is coming very soon. Wonderboy not going to be able to spin his way out of what comes next.

It's always about the money.

I hope not. Borrowing from Sir Winston, I have the sense that we are not at the beginning of the end, but rather at the end of the beginning.

Dave.

 

[Berzin]

the guardia di finanzia are the 'people' who go after the financial fraud, tax evasion etc and boy these guys, who are more military than police, do not mess about. they sling your *** in jail before even beginning to ask questions. A couple that are friends of my wife spent a week in jail due to a very weak association with a business colleague. to say they were traumatised is an understatement.

i hope the good doctor gets a call very early in the morning from them.

Ferrari's behaved with absolute impunity up to this point.

Even his so-called "convictions" did nothing to weaken his reputation or his status as a coaching guru, and he has kept on going without skipping a beat.

So until I see this scenario played out, I'll continue to believe that Ferrari is made of Teflon.

I'm hoping something DOES happen to him, so we can finally get somewhere with this case.

 

[thehog]

Ferrari's behaved with absolute impunity up to this point.

Even his so-called "convictions" did nothing to weaken his reputation or his status as a coaching guru, and he has kept on going without skipping a beat.

So until I see this scenario played out, I'll continue to believe that Ferrari is made of Teflon.

I'm hoping something DOES happen to him, so we can finally get somewhere with this case.

His convictions and latter expunging only enhanced his reputation. He is the man. Always has been. *Ferrari is a cool dude. If you have him on speed dial you can win any race you want. When you're faced with a massive German with the heart the size of a race horse there is only one way to beat him. Ferrari.*

Michele will go down but he'll still be a god. You'll never take that away.

 

[DirtyWorks]

I hope not. Borrowing from Sir Winston, I have the sense that we are not at the beginning of the end, but rather at the end of the beginning.

Dave.

+1

Felony convictions that don't fail on appeal far and wide (hello, Tailwind officers? Livestrong officers?) are the best case scenario for me way out here in the cheap seats.

The frustrating thing here is how fast personal wealth evaporates if there are laundering charges. Lawyers would have you believe their defendants were living hand-to-mouth while charging princely hourly fees themselves.

 

[rhubroma]

What is, "the paper"?

la Gazzetta dello Sport

 

[rhubroma]

he knew that i was responding to this post by slowspoke


his intention was to disrupt the conversation . exactly the type of issues brought up by granville in 'us against them' again, please do not feed the troll - report him.

to the specifics, how rigorous are italians investigating ferrari tax evasion. i heard it's almost a sport in itself (tax evasion) in italy.

People do not go to jail in Italy for tax evasion, as they do in the US. Italians inherently distrust the state, and since corruption is pretty high in the government (or at any rate a certain segment of it - we had, of course Tangentopoli "Bribery City" back in 92 that brought down the Christian Democrats and the First Republic) and with organized crime, it is considered a venial sin and no more.

There have been some famous tax evaders in Italian sport recently like Valentino Rossi, Cipollini, Bettini and several in show biz, but the rich usually get off with having to pay only a percentage back with a fine and that's it.

I really wouldn't know what the status is with Ferrari and the Vigili della Finanzia, however, the issue is how the US Feds can pressure the Italian authorities to act severely in his case. We'll just have to wait and see.

 

[Semper Fidelis]

or to pursue the latest water wasting headlines, the trickle is turning into a fountain

LA is wasting water again? Where a link to the article with the “latest headlines” about his water wasting?

 

[python]

People do not go to jail in Italy for tax evasion, as they do in the US. Italians inherently distrust the state, and since corruption is pretty high in the government (or at any rate a certain segment of it - we had, of course Tangentopoli "Bribery City" back in 92 that brought down the Christian Democrats and the First Republic) and with organized crime, it is considered a venial sin and no more.

There have been some famous tax evaders in Italian sport recently like Valentino Rossi, Cipollini, Bettini and several in show biz, but the rich usually get off with having to pay only a percentage back with a fine and that's it.

I really wouldn't know what the status is with Ferrari and the Vigili della Finanzia, however, the issue is how the US Feds can pressure the Italian authorities to act severely in his case. We'll just have to wait and see.

that's interesting. ferrari may skate again but i'd hope those cash transfers from the us (mentioned in the article) are followed by novi vigorously.

 

[DirtyWorks]

...however, the issue is how the US Feds can pressure the Italian authorities to act severely in his case. We'll just have to wait and see.

Thanks for the insight into Italian culture.

I don't know that there would be much pressure. If the numbers are as large as being discussed, then that's the equivalent of rich and low hanging fruit for law enforcement, even if the only penalty is in Euros.

 

[Granville57]

Sorry, but I didn't read it on line, as I went out this morning and bought the paper.

What is, "the paper"?

la Gazzetta dello Sport

I understand. What I MEANT was:

In the age of this:

What is this?:

 

[thehog]

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...orities-examine-armstrong-ferrari-ties_169668

 

[Dr. Maserati]

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...orities-examine-armstrong-ferrari-ties_169668

Nice - as I said back in July.

No.... there is a line from 'The Wire'

"You follow drugs, and you get drug addicts and drug dealers - but you start to the follow the money and you don't know where the **** it's going to take you."

Novitsky isn't interested in dopers or Doctors - he will follow the papertrail and the money.

 

[mewmewmew13]

Good fireworks show this morning....but it gets better. The Grand Finale is coming very soon. Wonderboy not going to be able to spin his way out of what comes next.

It's always about the money.

I just love to see that justice may really be done. A good sign when RR has a large smiley....

After all the nastiness that mr Lance G has heaped upon innocent people it is satisfying to think that he just may not buy or bully his way out of this one.

 

[Cobblestones]

Good fireworks show this morning....but it gets better. The Grand Finale is coming very soon. Wonderboy not going to be able to spin his way out of what comes next.

It's always about the money.

Even at high cadence?

Sorry, I had to say it.

 

[Anonymous]

15 Million Euros.

Lesse, if they got 2,500 euros per Trek bike... GOOD LORD! That's like 6,000 Trek's sold. No wonder their price took a hit on Craigslist.

 

[Granville57]

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.”

If true, then the flood gates are soon to open.
If those figures are just from one year...

Any speculation on which year the most funds were flowing, or which year is being referenced here?

 

[Trailzz]

LA interview

http://www.youtube.com/watch?v=I2V16mxoems

 

[Granville57]

LA interview

http://www.youtube.com/watch?v=I2V16mxoems

Good link. Thanks.

Man, he must be tired of answering those questions.

The interviewer showed some spine, which was a bit refreshing.
I imagine LA will be getting some slightly tougher interviews soon.

 

[StyrbjornSterki]

I understand. What I MEANT was:

In the age of this:

What is this?:

La Gazzetta is mandatory equipment when driving a hired car in Italy. It is printed on pink newspaper so its appearance is quite distinctive. If you place your copy on the dashboard of your car when you leave it in the car park, the local car thieves are not so likely to take you for a foreigner and single out your car.