- Feb 14, 2010
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I'll add links for late arrivals, as I've only read back six or so pages myself. Well done to Race Radio and others who have been breaking the story for some time. I've been following the "Storm Of Cycling" stories on Tuttobiciweb, with the latest being their coverage of the La Gazzetta story that was in the print version only. Could one of our Italian friends please give us an interpretation of the last paragraph. When I read it myself this morning, 15 million Euros didn't impress me, but some other articles based on this said the 15 million was an annual amount. That would include payments from current clients. The other interesting bit for me was that Novitsky & the Americans weren't really on the trail of Ferrari until the meeting at Interpol in Lyons.
This was the biggie from the Velonews article, which also said that forensic auditors from the U.S, are working with Italian authorities and Swiss auditors to study the transactions.
http://velonews.competitor.com/2011...orities-examine-armstrong-ferrari-ties_169668
For people still hoping to see "fizzle" - the best news I read on this story the past week was that the Swiss police have been watching Ferrari for a couple of years. So even though Gunderson wasn't under investigation at the time, he would have been watched when meeting with Ferrari during that time. They were able to point out to the Italian authorities when and where the meetings took place, so it wouldn't be much of a stretch to expect photos and video and maybe wire taps.
The tens of miilions figure has me really intrigued, because I haven' been following the talk of money laundering. I figured the fifteen million Euros was for doping activities of the thirty riders or hundred people involved. /but this relationship and enterprise had a lot of years to evolve and grow.
Anyway, thanks again, guys.
The ramifications of the international system led by Michele Ferrari would generate a turnover of around 15 million. Figures scary, never seen before. That can be explained by the number of people involved: certainly more than a hundred. The participants include attorneys, Italians and foreigners, who proposed to their clients a complete package to get them to choose that doctor in particular, a Swiss lawyer and Swiss bank account from which to start the payments.
Le ramificazioni internazionali del sistema con a capo Michele Ferrari genererebbero un fatturato di circa 15 milioni. Cifre spaventose, mai viste prima. Che si spiegano con il numero delle persone coinvolte: sicuramente oltre un centinaio. Tra loro anche procuratori, italiani e stranieri, che proponevano ai loro assistiti un pacchetto completo per convincerli a scegliere quel medico: in particolare, avvocato svizzero e conto corrente svizzero dal quale far partire i pagamenti.
This was the biggie from the Velonews article, which also said that forensic auditors from the U.S, are working with Italian authorities and Swiss auditors to study the transactions.
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.
http://velonews.competitor.com/2011...orities-examine-armstrong-ferrari-ties_169668
For people still hoping to see "fizzle" - the best news I read on this story the past week was that the Swiss police have been watching Ferrari for a couple of years. So even though Gunderson wasn't under investigation at the time, he would have been watched when meeting with Ferrari during that time. They were able to point out to the Italian authorities when and where the meetings took place, so it wouldn't be much of a stretch to expect photos and video and maybe wire taps.
The tens of miilions figure has me really intrigued, because I haven' been following the talk of money laundering. I figured the fifteen million Euros was for doping activities of the thirty riders or hundred people involved. /but this relationship and enterprise had a lot of years to evolve and grow.
Anyway, thanks again, guys.
