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CBS News: Government rejects Armstrong's $5M restitution offer
January 15, 2013
January 15, 2013
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(CBS News) Lance Armstrong has offered to pay more than $5 million to the federal government to compensate for the fraud he allegedly committed against the U.S. Postal Service, CBS News has learned. The Postal Service paid Armstrong's team more than $30 million to sponsor it from 1999 to 2004 as part of a contract that banned doping.
CBS News has also learned Armstrong offered to be a cooperating witness in a federal investigation.
But our sources say the Department of Justice has turned down both offers as inadequate.
Lance Armstrong tells Oprah he doped to win
Lance Armstrong must
CBS News has also learned Armstrong offered to be a cooperating witness in a federal investigation.
But our sources say the Department of Justice has turned down both offers as inadequate.
Lance Armstrong tells Oprah he doped to win
Lance Armstrong must
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