"You showed no remorse or understanding of the effect of your offending behaviour on others, " said Lord Brailsford.
Brailsford's plan was to produce a British Tour winner within five years, though.
Sui Hang Yeung, 23, of Brailsford Road, Manchester, was jailed for five months.
But at the Court of Criminal Appeal in Edinburgh Lord Eassie, sitting with Lords Brailsford and Philip, overturned the conviction.
Olympians honoured included heptathlon winner Jessica Ennis, who received the CBE and Team GB cycling boss Dave Brailsford who was knighted.
Cycling and rowing performance directors Dave Brailsford and David Tanner were knighted for their services to both Olympic and Paralympic Games.
London 2012 star Jessica Ennis has been appointed CBE at Buckingham Palace, while Team GB cycling boss Dave Brailsford has been knighted.
BBC: Jessica Ennis among London 2012 stars honoured at palace
The trial before Lord Brailsford is expected to last around three months.
"We monitored Bradley overnight and this morning we've withdrawn him from the Giro after consulting the team doctor, " said Team Sky team principal Dave Brailsford.
British Cycling performance director Dave Brailsford formed the country's first professional team in 2009 and Sky Procycling made its Tour de France debut in 2010.
Judge Lord Brailsford said the offences were "serious crimes of dishonesty".
Team principal Dave Brailsford expressed disappointment at the news, although it had already been confirmed Wiggins would play second fiddle to compatriot Chris Froome at this year's Tour.
"Bobby has shown courage in admitting to the errors he made long before his time with Team Sky, " Team Principal Dave Brailsford said on the team's official website.
CNN: Former Tour de France champ LeMond calls for UCI boss to quit
"With illness, injury and treatment Brad has gone past the point where he can be ready for the Tour, " said Brailsford, who is also performance director of British Cycling.
Other Derbyshire recipients in the New Year Honours list include British Cycling performance director Dave Brailsford, who has been knighted for services to cycling and the London 2012 Olympic and Paralympic Games.
Priscilla Dass-Brailsford, a psychologist at Georgetown University Medical Center, said that if those symptoms don't fade in about a month, of if they are bad enough to impair function, people should seek help.
"Bradley will return to the United Kingdom for treatment and to rest and we hope to have him back on the road as soon as possible, " continued Brailsford, who is also team principal of British Cycling.
Brailsford, 48, masterminded British dominance in cycling at the Olympics and Paralympics and, as Team Sky boss, helped Bradley Wiggins - also knighted in the New Year Honours list - to win the Tour de France.
BBC: Jessica Ennis among London 2012 stars honoured at palace
Beyond hospitalized patients, part of coping is awareness about how to take care of the psyche turning off scary TV coverage and reading a book, going out for a quiet dinner, anything to temporarily cut the stress, says Dass-Brailsford, the disaster specialist.
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