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Tim Montgomery pleads guilty in NYC fraud scheme

NEW YORK (AP) _ Olympic gold medalList Tim Montgomery pleaded guilty Monday in connection with a multimillion-dollar bank fraud and money laundering scheme, his lawyer said.

The lawyer, Robert McFarland, declined to discuss details of the plea. The U.S. attorney's office had no immediate comment.

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

Montgomery, 32, was a 2000 Olympic gold medallist and a former 100-metre 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.


© The Canadian Press, 2007

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End: Tim Montgomery pleads guilty in NYC fraud scheme
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