Tim Montgomery - JackAss of the week April 9th, 2007 - April 17th, 2007

[Mike]

Olympic gold medalist Tim Montgomery pleaded guilty Monday in connection with a multimillion-dollar bank fraud and money laundering scheme, his lawyer said.

"I sincerely regret the role I played in this unfortunate episode," Montgomery said in a statement following the plea. "I have disappointed many people, and for that I am truly sorry."

Montgomery's plea deal "reflects his minor role" in an alleged conspiracy and does not require him to testify at the trial of his former coach, Steven Riddick, and other co-defendants, according to a statement from his lawyers. That trial is scheduled to begin Tuesday.

It was not clear if Montgomery would have to serve any prison time because of the guilty plea. The U.S. attorney's office had no comment.

Defense attorneys said Montgomery could be sentenced to 37 to 46 months in prison. Sentencing is scheduled for Nov. 1. The U.S. attorney's office had no immediate comment.

Montgomery, 32, was charged last year along with Riddick, and 11 others in an alleged conspiracy to deposit $5 million in stolen, altered or counterfeit checks at several banks over three years.

An alleged coconspirator, Ephraim Richardson, previously pleaded guilty to a single charge of conspiracy to commit bank fraud.

The government had accused Montgomery of participating in a plot created by two other defendants who set up sham businesses to take checks stolen from banks and alter them or make counterfeits.

Montgomery allegedly deposited three bogus checks worth a total of $775,000. He also was accused of helping Riddick deposit others worth at least $905,000 and accepting a $20,000 fee for his role. Riddick, a 1976 Olympic medalist, has maintained his innocence.

Montgomery was a 2000 Olympic gold medalist and a former 100-meter world record holder. He retired in 2005 after he was banned from track and field for two years by the Court of Arbitration for Sport for doping linked to the investigation of BALCO, the lab at the center of a steroid scandal in sports.

Montgomery never tested positive for drugs, and has said he never knowingly took any banned substances.

[Rusty27]

Yep, looks like a good pick this week. Definite jackass here.

[Shane]

After last night, I suspect Ed Belfour could be next.

[ssigman]

at least he's fast enough to run away from the cops

isn't he the one who has a kid with marion jones?

[Rusty27]

In 2003, Marion Jones gave birth to a son, Tim Jr., named after his father Tim Montgomery, who broke the 100 m World Record in 2002. Because of her pregnancy, Jones missed the 2003 World Championships, but spent a year preparing for the 2004 Olympics. Montgomery was banned from the sport after admitting to the use of performance enhancing drugs.

[Rusty27]

Originally Posted by Shane

After last night, I suspect Ed Belfour could be next.

What did he do?

[ssigman]

that'll be 1 extremely fast kid

[Rusty27]

Yeah really.Here's hoping he can stay clean until he wins some gold medals

[ssigman]

i was thinking start the hgh and steroids early...make him into a super athlete

[Rusty27]

May as well. Don't want to deal with a fear of needles if he starts at an older age.The family will need some quick income from Tim Jr while dad is in jail.
Tiger Woods was putting on a TV talkshow when he was 5.

[ssigman]

totally agree...he can probably run the 100 faster than most by now..why not have him run in the next olympis...that would generate interest and endorsements

[Shane]

Originally Posted by Rusty17

What did he do?

Talk about a guy that shouldn't drink.....

TSN : NHL - Canada's Sports Leader

[Rusty27]

Again? The guy doesn't learn either.