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Firm Sends R100 Million Letter Of Demand To Lance Armstrong – Should He Sell The Jet Or The Ranch? [Photos]
01 Nov 2012 by Seth Rotherham in Cycling, Sport
Lance Armstrong might want to consider selling his private jet (above), as it looks like the insurance firm who paid out all his Tour de France win bonuses, want their money back. They were always talking about it, but now they’re REALLY doing it..
This from news.com.au:
Dallas insurance company SCA Promotions has confirmed it has sent Lance Armstrong a letter demanding the return of $11.6 million ($US12million) in bonuses and warned it might take legal action.
CA lawyer Jeff Dorough said the letter not only seeks back the bonus money but states it might go to court for legal sanctions and penalties against the disgraced US cyclist, who was stripped of seven Tour de France titles for doping.
[more here]
No Lance, it’s ELEVEN million, not seven…
Coincidentally. Lance’s jet could sell for around $11 million (according to this article), which is nearly exactly what he needs to pay these guys off for his lying and cheating. And if that’s already been sold there is always his $12 million ranch (see photo gallery here).
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