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Report: Landis strikes deal, Feds won't prosecute

Associated Press

8/24/2012 12:26:56 AM

SAN DIEGO -- Cyclist Floyd Landis says he has reached an agreement with federal prosecutors over allegations that he fraudulently solicited donations for a defence fund he set up to fight doping charges.

Court documents show Landis is scheduled to appear before a federal judge Friday morning for a "deferred prosecution" hearing.

Landis tells ESPN.com that at the hearing he will agree to repay all the donors within three years, and prosecutors will agree not to pursue charges. The Floyd Fairness Fund exceeded $1 million.

ESPN says the document Landis will sign says that he raised money under false pretenses by saying he was innocent of doping. He later admitted that he did use performance-enhancing drugs.

Landis was stripped of his 2006 Tour de France title.