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Conte pleads guilty to lesser charges in scandal

Updated: July 15, 2005, 7:53 PM ET
Associated Press

SAN FRANCISCO -- BALCO founder Victor Conte pleaded guilty Friday to conspiracy to distribute steroids and money laundering in a deal with federal prosecutors, making it much less likely that top athletes such as Barry Bonds, Jason Giambi and Marion Jones will be forced to testify about alleged drug use.

Greg Anderson, Bonds' longtime friend and personal trainer, pleaded guilty to the same charges in exchange for a sentence of up to six months. BALCO vice president James Valente pleaded ...

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