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13SaintTiger
Harvard Fan
Isle of Capri
Member since Sep 2011
12638 posts

ELI5: why is the FBI going after the NCAA?
I understand what they are doing but what probed them to do it? And is it even neccessary?


Ryne Sandberg
USA Fan
Team Am Mart
Member since Apr 2009
18738 posts

re: ELI5: why is the FBI going after the NCAA?
snitches
necessary to create an "even playing field" or at least the appearance of one


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17
Jcorye1
Detroit Mercy Fan
Tom Brady = GoAT
Member since Dec 2007
47821 posts

re: ELI5: why is the FBI going after the NCAA?
It probably started with something else, and then they noticed the rampant tax evasion.


Alt26
LSU Fan
Member since Mar 2010
9146 posts

re: ELI5: why is the FBI going after the NCAA?
The FBI arrested a financial adviser from Pittsburgh for SEC violations. He also had dealings with agents, shoe company execs, and a suit maker in Atlanta who had connections with college basketball coaches. In exchange for a reduced sentence, the financial adviser agreed to become a CI/witness in other financial misdealings involving college basketball coaches/players/programs.

It's not that the FBI one day decided to "go after" the NCAA. It's where their investigation on non-NCAA related issues took them.


WestCoastAg
UCLA Fan
#HKIC
Member since Oct 2012
80571 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
the SEC busted a financial adviser for a ponzi scheme who was connected to a bunch of NBA players and it just came out in their investigation that he was benefiting from adidas telling coaches to push their players to sign with him when they go pro


heartbreakTiger
LSU Fan
grinding for my grinders
Member since Jan 2008
136560 posts

re: ELI5: why is the FBI going after the NCAA?
Republican controlled FBI going after minorities


The Mick
USA Fan
Member since Oct 2010
33802 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
quote:

the SEC busted a financial adviser for a ponzi scheme who was connected to a bunch of NBA players and it just came out in their investigation that he was benefiting from adidas telling coaches to push their players to sign with him when they go pro
But what specifically is the FBI charging people with? It's clearly a violation of NCAA rules but criminally what have they done wrong?


therick711
Chicago Cubs Fan
South
Member since Jan 2008
20653 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
Public bribery.


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60
WestCoastAg
UCLA Fan
#HKIC
Member since Oct 2012
80571 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
Bribery of state employees


SlowFlowPro
Stanford Fan
Simple Solutions to Complex Probs
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349808 posts

re: ELI5: why is the FBI going after the NCAA?


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MidnightVibe
Member since Feb 2015
1643 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

The FBI arrested a financial adviser from Pittsburgh for SEC violations. He also had dealings with agents, shoe company execs, and a suit maker in Atlanta who had connections with college basketball coaches. In exchange for a reduced sentence, the financial adviser agreed to become a CI/witness in other financial misdealings involving college basketball coaches/players/programs.

It's not that the FBI one day decided to "go after" the NCAA. It's where their investigation on non-NCAA related issues took them.


This is exactly what happened with the Boston College point shaving scandal. This is explained more thoroughly in the book ("wise guys" by Nicolas Pileggi) than in the 30 for 30 documentary, but the purpose of putting Henry Hill in the witness protection program was to get as much info as possible on Jimmy Burke. And during a line of questioning with Hill, he made inadvertent passing reference to the scheme while trying to explain something completely unrelated.

And that ended up being the most useful information they ever got from Hill.
This post was edited on 9/28 at 11:59 am


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10
MontyFranklyn
Alabama Fan
T-Town
Member since Jan 2012
17643 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

It probably started with something else, and then they noticed the rampant tax evasion.
This! A lower level guy got busted for something else and offered up the whole god damn system of corruption


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30
MidnightVibe
Member since Feb 2015
1643 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

It probably started with something else, and then they noticed the rampant tax evasion.


Tax evasion by the coaches? Not following; kindly explain.


SlowEasyConfident
Clemson Fan
Member since Nov 2015
6220 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
The federal government gets pissed when they don't get their cut


MidnightVibe
Member since Feb 2015
1643 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

Bribery of state employees


The people being charged are the state employees.


thesoccerfanjax
Old Dominion Fan
Member since Nov 2013
5463 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

Tax evasion by the coaches? Not following; kindly explain.


Coaches, agents, players, families of players.


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40
Giant Leaf
Alabama Fan
Rovers Morning Glory
Member since Nov 2015
2039 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
The FBI is not going after the NCAA in any way

They are going after bad actors that work for institutions that the NCAA oversees


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80
WestCoastAg
UCLA Fan
#HKIC
Member since Oct 2012
80571 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
Because they took bribes


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20
The Mick
USA Fan
Member since Oct 2010
33802 posts
 Online 

re: ELI5: why is the FBI going after the NCAA?
and to the others who responded. Thx


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10
beaverfever
Washington State Fan
Little Rock
Member since Jan 2008
13309 posts

re: ELI5: why is the FBI going after the NCAA?
quote:

It probably started with something else, and then they noticed the rampant tax evasion.
I would imagine Pitino’s name being involved probably generated interest in the case.


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