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Olympic Sprinter Charged in Fraud Scheme
The arrest is just the latest in a series of bad twists for Montgomery.
The 31-year-old runner was banned from track and field for two years by the Court of Arbitration for Sport for doping based on evidence gathered in the criminal investigation of BALCO, the lab at the center of a steroid scandal in sports. Montgomery retired in December rather than wait out the suspension.
  Tim Montgomery of the US crosses the line to win his Men's 100 meter heat, at the World Athletics Championships in the Stade de France, Saint Denis, north of Paris, in this Aug. 24, 2003 photo. Montgomery was arrested Friday, April 28, 2006, on charges that he was connected to a multimillion dollar bank fraud and money laundering scheme, prosecutors said. A grand jury indictment unsealed in New York charged Montgomery, his gold medalist track coach, Steven Riddick, and 11 other people. Authorities said the group has been under investigation for some time. (AP Photo/Anja Niedringhaus) (Anja Niedringhaus - AP)   Olympic Moments: As the Olympics close with a spectacular, circus-like Closing Ceremony, take a look back at the Games. DAY 17 COVERAGE Despite a dearth of inspirational moments and sagging television ratings, USOC officials defend U.S. results and look to Beijing in '08. News Graphic: Americans win a total of 25 medals, the second-biggest U.S. haul at a Winter Games. Sweden hands Finland its first loss of the tournament, 3-2, and wins the gold medal in men's hockey. Italy's Giorgio Di Centa wins gold with a thrilling finish in men's 50km cross-country skiing. La Dolce Vita: Summing up Day 17. Antipsti: Little Tastes of Life in Turin. Notebook: Italian Job Is Done POST COLUMNISTS Sally Jenkins: Next time, the Olympics should be awarded to a city that has fewer factories, and more mountains.  Mike Wise: Joey Cheek's donation to the Right to Play foundation shows true Olympic spirit.  Tony Kornheiser: Bode Miller was successful in making himself one of the more colossal losers in recent sports history. FROM THE APIOC President Jacques Rogge calls the Turin Olympics "truly magnificent." Speedskating, a consistent medal producer for the U.S., looks to grow, rebuild. Sweden's hockey team celebrates in Stockholm; its NHL stars unlikely to return in time for Tuesday's games. SUNDAY'S MEDALISTSIce Hockey, menGold: Sweden Silver: Finland Bronze: Czech Republic Cross-Country Skiing, men's 50km Gold: Giorgio Di Centa, Italy Silver: Eugeni Dementiev, Russia Bronze: Mikhail Botwinov, Austria BASICSTALES FROM TURIN The Post's Dan Steinberg has never been to the Olympics, but that won't stop him from putting his unique twist on the Games. Save & Share |
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He never tested positive for drugs, and maintains he never knowingly took steroids or any other banned substances.
All of Montgomery's performances were wiped off the books as of March 31, 2001, including his world record dash of 9.78 seconds in 2002. Montgomery won his gold medal in the 400-meter relay at the 2000 Olympics.
Montgomery also separated from Olympic gold medalist Marion Jones, the mother of his child.
U.S. Immigration and Customs Enforcement Special Agent in Charge Martin Ficke said the fraud investigation, which was unrelated to the BALCO probe, began in 2005 after a bank alerted authorities about one of the suspicious checks.
Most of the other defendants in the case, a majority of whom are relatives of Singh or Shyne, have already been arrested and arraigned. Three people associated with the case have pleaded guilty, prosecutors said.
A lawyer for Singh did not return a telephone call, and a lawyer for Shyne declined to discuss the case.