KTVN Channel 2 - Reno Tahoe News Weather, Video - Italy probes ex-cyclist Bettini's tax returns
Member Center:
Big Ten breakdown: Michigan, Ohio St in different divisions, but will play at end of season More>>
Legs fresh, Clarett's confidence high for comeback bid, but he won't talk about his past More>>
Azarenka collapses, has to be wheeled off court at hot Flushing Meadows More>>
Economically struggling Michigan city hopes golf course will help pull it out of the rough More>>
Ex-NY Giants star Burress, serving time in gun case, has work release bid turned down again More>>
Roger Clemens enters not guilty plea on charges he lied to Congress about drug use More>>
Japan takes Little League WS title with 4-1 win over Hawaii, ends US' 5-year run More>>
ROME (AP) - Olympic cycling gold medalist Paolo Bettini has been placed under investigation for alleged tax evasion in Italy.
Ernesto Ceccarelli, an official with the tax police in the Tuscan town of Livorno, says the now-retired Bettini is suspected of evading taxes on nearly $16.6 million.
Ceccarelli said investigators believe Bettini fictitiously transferred his residence to Monte Carlo, though he continues to live in Italy, to avoid taxes.
Bettini is a two-time world champion and won gold at the 2004 Athens Olympics.
Bettini said he knew about the inquiry but not the amount. He said he would "clear everything up at the appropriate time."
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
