The US Justice Department has accused Armstrong of defrauding the government by accepting millions of dollars in sponsorship money from the US Postal Service (USPS).
Former cycling champion Lance Armstrong on Thursday agreed to pay $5 million to settle a federal suit claiming he defrauded his sponsor, the U.S. Postal Service, by using performance-enhancing drugs, his attorney and federal officials said.
Disgraced cyclist Lance Armstrong has reached a settlement with an insurance company over $3 million in performance bonuses paid to him from 1999 to 2001, his spokesman said on Wednesday.
The Program documents the dark side of professional cycling, which still struggles to shake off suspicions of cheating amid a culture of loyalty to a team's star
Lance Armstrong will still ride parts of this year's Tour de France route for charity despite feeling as popular as Voldemort, the unspeakable villain of the Harry Potter movies.
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