US Marijuana Party

Friday, July 15, 2005

Founder of firm at center of steroid scandal reaches plea deal

SAN FRANCISCO — The founder of a company at the center of a steroid scandal involving top athletes has decided to plead guilty to steroid distribution and money laundering in a deal with federal prosecutors, his attorney said.

Victor Conte, founder of the Bay Area Laboratory Co-Operative, planned to ask a judge Friday for four months imprisonment and four months of home detention as part of the deal, according to a written statement from his attorney, Mary McNamara.

"Mr. Conte has always accepted responsibility for the conduct reflected in this plea agreement and is looking forward to putting the case behind him," McNamara said.

Conte has been accused of distributing illegal drugs to more than 30 baseball, football and track and field stars. Also facing trial are Greg Anderson, weight trainer for Barry Bonds of the San Francisco Giants; BALCO vice president James Valente; and track coach Remi Korchemny.


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