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Lance Armstrong could risk criminal prosecution if he admits to doping, according to Buchanan Ingersoll & Rooney litigator Stuart P. Slotnick.

“He needs to look at the calendar and make sure he hasn’t made any statements under oath that would lead to criminal prosecution,” Slotnick told the New York Daily News in an article published January 6, 2013.

“I would count back the years to make sure he is past the statute of limitations for perjury.”

There is speculation that Armstrong may cop to doping in order to compete in sanctioned events that follow the World Anti-Doping Agency’s code. According to Slotnick, such an admission of guilt could open Armstrong – who is already fighting a few legal battles – to more litigation.

“A criminal indictment would cost him his freedom and civil litigation will cost him a lot of money,” Slotnick explained.

“His reputation is already damaged. He needs to decide if competing in a few triathlons is worth all that.”