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 NEW YORK (AP) - In the latest in a series of bad turns for Olympic gold medalist Tim Montgomery, the star sprinter was arrested on charges he was connected to a multimillion-dollar bank fraud and money laundering scheme.
A grand jury indictment unsealed in New York accused Montgomery, his gold medalist track coach, Steven Riddick, and 12 other people of being involved in a conspiracy that deposited $5 million in stolen, altered or counterfeit checks over three years.
Montgomery, the former 100-meter world record holder, surrendered to U.S. Immigration and Customs Enforcement agents in Norfolk, Va., at about 8:30 a.m. Friday and spent the afternoon in custody.
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