LAWFUEL – Legal Newswire – MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that TIMOTHY MONTGOMERY,
Olympic gold medalist and former world record holding sprinter,
was sentenced today to 46 months in prison for his role in a
check fraud scheme. The sentence was imposed by United States
District Judge KENNETH M. KARAS in White Plains federal court.
MONTGOMERY, 33, of Gaffney, South Carolina and Virginia
Beach, Virginia, was charged, along with ten co-defendants, in a
Superseding Indictment filed on April 26, 2006.
On April 9, 2007, MONTGOMERY pleaded guilty before
Judge KARAS to bank fraud and conspiracy to commit bank fraud, as
charged in the superseding Indictment. At that plea proceeding,
MONTGOMERY admitted, among other things, that he had “agreed with
others to engage in a scheme to defraud numerous financial
institutions by means of arranging for the deposit of
counterfeit, altered checks in various accounts in an attempt to
enrich [him]self and others.”
Others convicted in connection with the scheme include:
STEVEN RIDDICK, himself an Olympic gold medalist and track coach
to MONTGOMERY and former Olympic star MARION JONES-THOMPSON, as
well as other world class athletes; CHARLES WELLS, a well-known
sports agent for track and field athletes; and NATHANIEL
ALEXANDER, a prominent Norfolk, Virginia businessman and a friend
and officemate of RIDDICK’s. JONES-THOMPSON was convicted of
having made false statements to federal agents in connection with
their investigation of this scheme, as well as for having made
false statements in connection with the investigation into the
activities of BALCO LABORATORIES, INC., in the Northern District
Evidence introduced at the trial of four of
MONTGOMERY’s co-defendants established that MONTGOMERY caused at
least three fraudulently obtained checks, totaling $1,225,000, to
be deposited into accounts associated with him. Specifically,
MONTGOMERY caused two checks, in the respective amounts of
$550,000 and $575,000, to be sent to WELLS, who deposited them
into WELLS’ accounts. Additionally, MONTGOMERY deposited a
counterfeit check for $200,000 into a business account he jointly
controlled with JONES-THOMPSON.
RIDDICK, ALEXANDER, and JONES-THOMPSON were sentenced
on January 11, 2008 to 63, 46, and 6 months in prison,
respectively. WELLS was sentenced to 6 months of home
confinement on February 27, 2008.
In addition to the prison term, Judge KARAS sentenced
MONTGOMERY to three years of supervised release and ordered him
to pay restitution in the amount of $375,000.
Mr. GARCIA praised the investigative work of U.S.
Immigration and Customs Enforcement in this case.
Assistant United States Attorneys E. DANYA PERRY and
DANIEL W. LEVY are in charge of the case.