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		</div><p>Ryan Lochte has lost his sponsorship deal with Speedo after his Olympic controversy.</p>
<p>The United States swimmer won his 12th Olympic medal during the Rio Games, but the achievement was overshadowed by a fabricated claim of an armed robbery after the 32-year-old was involved in an altercation at a petrol station, along with team-mates Gunnar Bentz, Jack Conger and James Feigen.</p>
<p><amp-youtube layout="responsive" width="696" height="392" data-videoid="QxN4zLq72i4" title="Ryan Lochte Takes &#039;Full Responsibility&#039; for Rio Incident"><a placeholder href="https://youtu.be/QxN4zLq72i4"><img src="https://i.ytimg.com/vi/QxN4zLq72i4/hqdefault.jpg" layout="fill" object-fit="cover" alt="Ryan Lochte Takes &#039;Full Responsibility&#039; for Rio Incident"></a></amp-youtube></p>
<p>Bentz and Conger were removed from a plane on Rio&#8217;s runway as they attempted to fly home while Feigen was reported to have made a charitable donation of more than £8,000 to have charges of criminal damage and falsely reporting a crime dropped, and to get his passport back.</p>
<p>All four are subject to an International Olympic Commission investigation into their conduct and Lochte has now been hit financially as well.</p>
<p>A statement from his former sponsor read: &#8220;Speedo USA today announces the decision to end its sponsorship of Ryan Lochte.</p>
<p>&#8220;As part of this decision, Speedo USA will donate a US$50,000 portion of Lochte&#8217;s fee to Save The Children, a global charity partner of Speedo USA&#8217;s parent company, for children in Brazil.</p>
<p>&#8220;While we have enjoyed a winning relationship with Ryan for over a decade and he has been an important member of the Speedo team, we cannot condone behaviour that is counter to the values this brand has long stood for.</p>
<p>&#8220;We appreciate his many achievements and hope he moves forward and learns from this experience.&#8221;</p>
<p>Lochte was part of the USA&#8217;s gold medal-winning 4&#215;200 metres freestyle relay team for the fourth Olympics in succession, adding to further golds in the 400m individual medley at London 2012 and the 200m backstroke at Beijing 2008.</p>
<p>He also won 200m medley silver in Athens in 2004, 200m and 400m medley bronze medals in Beijing and two silvers and a bronze in London.</p>
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Well deserved punishment, what a disgrace to sports.
At last we see some justice. This man is a liar and a fraud and should not be allowed to represent the country again.