Ryan Lochte admitted in an embarrassing interview with NBC's Matt Lauer that he fabricated his story that he was robbed at gunpoint while in Rio de Janeiro, a claim that caused a minor international incident and caused Lochte to lose a number of sponsorships.
Stephen Colbert took some of Lochte's responses from that interview to create this brilliant fake interview with the 12-time medalist.
"Colbert: You claimed that while you were at a gas station in Rio, a gun was put to your forehead and cocked, and you were robbed. Now you're saying that didn't happen?
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Lochte: That didn't happen, and that's why I over-exaggerated that part.
Colbert: That part? OK, here's the thing ... that part is really the whole part. Without a gun cocked at your forehead, it's really just a story about some guys urinating on a gas station. How could you get that so wrong?"