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  • Guest's Avatar
    Guest replied
    Re: 10/21 press release from BALCO

    >Mr. Nitti

    What the grapevine is saying, just
    >to clarify, is that this is not analagous to Big
    >Al, where they discovered it was easier to go the
    >tax route than to bust the criminal side of the
    >organization. In this instance, it's unclear that
    >there is even any criminal activity going on
    >(other than tax-related).

    I'm sure you're likely right. It's the IRS guys that have made this thing look serious right from the start but you'd think that they could prove that case without hauling 40 athletes down there to testify to the grand jury unless they are going to say that they handed envelopes full of cash over to the Walkin' Fish.

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  • Guest's Avatar
    Guest replied
    Re: 10/21 press release from BALCO

    Mr. Nitti

    What the grapevine is saying, just to clarify, is that this is not analagous to Big Al, where they discovered it was easier to go the tax route than to bust the criminal side of the organization. In this instance, it's unclear that there is even any criminal activity going on (other than tax-related).

    Leave a comment:


  • Guest's Avatar
    Guest replied
    Re: 10/21 press release from BALCO

    >Buzz here is that he will be found guilty, but
    >not for any of the reasons that would bring joy
    >to this board (or the sport in general). Rumor
    >has it that the major thrust of the Feds'
    >involvement is income-tax related.

    Maybe they know that. If all else fails, nail him for tax evasion. Just ask Al.

    Leave a comment:


  • Guest's Avatar
    Guest replied
    Re: 10/21 press release from BALCO

    Buzz here is that he will be found guilty, but not for any of the reasons that would bring joy to this board (or the sport in general). Rumor has it that the major thrust of the Feds' involvement is income-tax related.

    As far as I know, the "similar-substances rule" is fine for WADA and USADA and the rest of the acronym police, but I have to wonder if a substance that's not on any list of proscribed by law stuff would even get prosecuted, let alone generate guilt.

    Leave a comment:


  • tafnut
    replied
    Re: 10/21 press release from BALCO

    I would like to be the first to say that if and when Mr. Conte goes to trial, he is found not guilty (for whatever reason). I think this one is way too slippery for the prosecution to nail.

    Leave a comment:


  • sl
    started a topic 10/21 press release from BALCO

    10/21 press release from BALCO

    Press Release for Victor and BALCO Laboratories
    October 21, 2003

    In recent days there has been a great deal of media
    attention focused upon allegations of illegal activity
    and misconduct by Mr. Victor Conte, owner and operator
    of a Bay Area laboratory known as BALCO. There
    appears to be an ongoing federal grand jury
    investigation into these allegations to which the
    defense of Mr. Conte is not privy. It is premature
    to comment on such investigation at this time. We
    must all remember that the grand jury is a one sided
    process which is result oriented. The defense has no
    role to play in such a process. However, at the end
    of the day, the government still retains the burden
    proof with regard to any charges contained in any
    possible indictment.

    Unfortunately, the speculation about what may or not
    be contained in a possible indictment appears to be
    fueled by leaks of information the source of which is
    unknown by the defense. Much of what is contained in
    recent media revelations is totally misguided and
    untrue and appears to be premised upon information, or
    misinformation from sources unknown to the defense
    whose reliability is yet to be tested.

    First and foremost, Victor Conte is presumed to be
    innocent. That presumption stays with Mr. Conte
    throughout all of these proceedings and is not
    overcome by speculation and allegations from unknown
    sources. There may come a time in which the
    matters of speculation are tested in the waters of a
    jury trial. If and when that happens, the defense
    intends to prove Mr. Conte‚s innocence of all
    possible charges. Moreover the results of the
    defense‚s own investigation have not been revealed to
    anyone including the government.

    Mr. Conte is a scientist and business man who has
    dedicated his life to helping others including high
    profile athletes. His company, SNAC System, markets
    a nutritional product developed by Mr. Conte known as
    ZMA distributed by more than 50 distributors
    worldwide. ZMA is a contamination free raw material
    manufactured utilizing the highest degree of quality
    control and assurance. Mr. Conte wishes to assure his
    consumers that such product will continue to be
    manufactured and made available to the hundreds of
    thousands of ZMA users presently benefiting from such
    product.

    These are difficult times for Mr. Conte and his family
    and we request that to whatever extent possible, that
    everyone respect their privacy. Information flowing
    from a criminal investigation necessarily takes time
    to digest and consider. Please remember, the defense
    has not yet begun to fight.

    Robert Holley and Troy Ellerman. Legal counsel for
    Victor Conte
    and BALCO Laboratories.
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