Who is Martin Armstrong?

Martin Arthur Armstrong (born November 1, 1949) is an American self-taught economic forecaster and convicted felon who spent 11 years in jail for cheating investors out of $700 million and hiding $15 million in assets from regulators. At age thirteen, Armstrong began working at a coin and stamp dealership in Pennsauken, New Jersey.

How long did John Armstrong spend in jail?

Armstrong said he'd given the assets away, but a judge didn't believe him and locked him up him for almost seven years, then the longest jailing ever for civil contempt in a federal white-collar case. Armstrong later spent another five years behind bars after pleading guilty to conspiracy.

What happened to Luke Armstrong?

Luke Armstrong was charged in April related to an incident in 2018. A woman told police in November 2020 that she was assaulted by Luke Armstrong after he drove her from a party to his father’s house in Austin. Because she was 16 at the time and he was 18, Luke Armstrong was charged with sexual assault of child. He had been free on a personal bond.

Did Lance Armstrong use performance-enhancing drugs?

Life's Little Mysteries explains. Lance Armstrong has announced that he will no longer fight accusations from the United States Anti-Doping Agency (USADA) that he used performance-enhancing drugs during his historic cycling career.