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Disgraced cyclist Lance Armstrong loses $10 million fraud dispute

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A Dallas arbitration panel today ordered Lance Armstrong and Tailwind Sports Corporation to pay $10 million in a fraud dispute with a promotions company.

The court called Armstrong and Tailwind’s actions an “unparalleled pageant of international perjury, fraud and conspiracy” that covered up the cycling and cancer hero’s use of performance-enhancing drugs.

[AP | Dallas Morning News]

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