Will Thomas Weisel, Who Owns Lance Armstrong's U.S. Postal Team, Get Charged with Fraud?

Weisel, founder, owner, and chairman of Tailwind Sports, at the San Francisco offices of Stifel Financial, which he co-chairs Photograph by Noah Berger/Bloomberg

Lance Armstrong’s “no-holds-barred” interview with Oprah Winfrey on Thursday, when he’s expected to confess to the use of performance-enhancing drugs during his professional cycling career, comes as a federal probe into his finances has widened to focus on the man who bankrolled his champion teams: legendary San Francisco financier Thomas Weisel. Documents unsealed on Dec. 12 in a federal court in Washington reveal that government investigators pursuing possible fraud claims against Armstrong have also subpoenaed Weisel, founder of the Montgomery Securities investment bank and co-chairman of Stifel Financial.

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