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SMU Athletics committing Tax Fraud?

Posted on 7/3/24 at 10:01 am
Posted by WildcatMike
Lexington, KY
Member since Dec 2005
43727 posts
Posted on 7/3/24 at 10:01 am
quote:

Dallas County DA: Southern Methodist University Athletics dept. illegally sourced $159M of donations between 2023-2024, committed massive tax fraud
Posted by geauxtigers87
Louisiana
Member since Mar 2011
26891 posts
Posted on 7/3/24 at 10:06 am to
pony excess
Posted by OldmanBeasley
Charlotte
Member since Jun 2014
10911 posts
Posted on 7/3/24 at 10:08 am to
Minor accounting mistake.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
23798 posts
Posted on 7/3/24 at 10:11 am to
Well this turned around fast.
Posted by teke184
Zachary, LA
Member since Jan 2007
103111 posts
Posted on 7/3/24 at 10:13 am to
Will the ACC rescind their membership if this bottoms out their athletic funding?
Posted by Kankles
Member since Dec 2012
6094 posts
Posted on 7/3/24 at 10:14 am to
Didn’t know you couldn’t do that
Posted by JimTiger72
Member since Jun 2023
15968 posts
Posted on 7/3/24 at 10:17 am to
I think they can afford to pay the penalty
Posted by Dire Wolf
bawcomville
Member since Sep 2008
39846 posts
Posted on 7/3/24 at 10:25 am to
Any details?

from the looks of it, it is just bitter hornfrogs on twitter.

Posted by nola tiger lsu
Member since Nov 2007
6901 posts
Posted on 7/3/24 at 10:42 am to
Why would a Dallas DA punish SMU from rising up?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
129152 posts
Posted on 7/3/24 at 10:47 am to
Bidens new militarized IRS doing work
Posted by TROLA
BATON ROUGE
Member since Apr 2004
14379 posts
Posted on 7/3/24 at 10:55 am to
Provide a link so we can actually read what this is truly accusing.

Posted by SportsGuyNOLA
New Orleans, LA
Member since May 2014
20733 posts
Posted on 7/3/24 at 10:57 am to
quote:

Will the ACC rescind their membership if this bottoms out their athletic funding?


The ACC will be dead soon
Posted by teke184
Zachary, LA
Member since Jan 2007
103111 posts
Posted on 7/3/24 at 10:59 am to
I mean before it dies.

The only reason they got in was that the oil men were going to throw a shitton of money at the athletic department.

If they can’t pull that off, then there are tons more viable teams than them even for a dying conference like the ACC.
Posted by Lsuhoohoo
Member since Sep 2007
101904 posts
Posted on 7/3/24 at 11:10 am to
Death penalty
This post was edited on 7/3/24 at 11:11 am
Posted by GerryDiNardo
Bringing Back The Magic!
Member since Mar 2004
5772 posts
Posted on 7/3/24 at 11:11 am to
quote:

John Creuzot was born in New Orleans and spent his youth in Houston before coming to the Dallas area in the 1970s and graduating from the University of North Texas in 1978 and Southern Methodist University School of Law in 1982. He is a member of Holy Trinity Catholic Church and currently lives in East Dallas with his son, Ethan Creuzot.


Color me shocked this doesn't say TCU. This dude must not have gotten the memo. I also seriously doubt this is true.
This post was edited on 7/3/24 at 11:14 am
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79039 posts
Posted on 7/3/24 at 11:15 am to
quote:

Will the ACC rescind their membership if this bottoms out their athletic funding?


I hope not.

I live the fact that Cal and Stanford have to be conference mates with a religiously affiliated school. Their insistence on blocking "those people" from the PAC led to the conference's demise.
Posted by ragincajun03
Member since Nov 2007
27346 posts
Posted on 7/3/24 at 11:19 am to
Is there an actual news link to this? All I’ve been able to find is what you pasted being shown on a couple tweeter accounts, from over 10 hours ago.

Surely there would be at least one new outlet reporting on this by now if true?
Posted by GeauxTigers123
Member since Feb 2007
3063 posts
Posted on 7/3/24 at 11:20 am to
Also how do you do tax fraud when donating to a charity?
Posted by Montezuma
Member since Apr 2013
3659 posts
Posted on 7/3/24 at 11:24 am to
Pretty sure it was a TCU troll account
Posted by ProjectP2294
South St. Louis city
Member since May 2007
75857 posts
Posted on 7/3/24 at 11:30 am to
quote:


Pretty sure it was a TCU troll account


The only thing I've seen this story on before this was a TCU troll account.
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