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Olympic Swimmer Ryan Lochte Loses 4 Sponsors, Including Speedo

HeadlineAug 23, 2016

And U.S. Olympic gold medalist Ryan Lochte has lost four corporate sponsorships, including Speedo and Ralph Lauren, amid the scandal over his decision to lie to Brazilian authorities about having been robbed. Swimmer Lochte and his teammates claimed they were robbed at gunpoint by men posing as police officers during the Olympic Games. But Brazilian authorities say the Olympic swimmers actually vandalized a gas station and then invented a story about having been the victims of a robbery.

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