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Posted on 9/26/17 at 9:15 am to volfan30
quote:
It appears one of the universities named in this indictment is University in Kentucky with 22,000 student.
quote:
$100,000 was funneled to the family of an All-American high school basketball player by an Adidas rep, according to what I'm reading
quote:
"The bribe money was structured in a manner so as to conceal it from the NCAA and officials at University 6". Wired to third party
quote:
This began in May 2017 and continued until this month. The defendant named in indictment is James Gatto, who works for Adidas.
quote:
"The money was "to assist one or more coaches as University 6 in securing Player 10, an All-American high school basketball player."
quote:
This player was one of the last top high school players to sign with a university in the class of 2017 and had already committed elsewhere
Jesus Christ Louisville, Brian Bowen isn't even worth 100k.This post was edited on 9/26/17 at 9:15 am
Posted on 9/26/17 at 9:15 am to TheCaterpillar
quote:LSU will have it's own Will Wade 30 for 30 soon enough.
I just hope none of Will Wade's new crew are involved. I couldn't handle that news right now. I'm too fragile.
Posted on 9/26/17 at 9:18 am to DayBowBow
Louisville cheating? No way!
Ah shite, that means we got a Kentucky fan circle jerk incoming
Ah shite, that means we got a Kentucky fan circle jerk incoming
This post was edited on 9/26/17 at 9:19 am
Posted on 9/26/17 at 9:21 am to Cap Crunch
RIP Pitno. Hope he had fun on game day the other day
This post was edited on 9/26/17 at 9:22 am
Posted on 9/26/17 at 9:23 am to JBeam
my boy Kiran Lee. huge fan
Posted on 9/26/17 at 9:23 am to volfan30
All Day I Dream About Sanctions (shamelessly stolen from some dude on Twitter).
Posted on 9/26/17 at 9:24 am to volfan30
Posted on 9/26/17 at 9:26 am to jimithing11
Pitino is untouchable.
Posted on 9/26/17 at 9:27 am to usc6158
quote:
Crazy... but college basketball makes college football look wholesome and clean by comparison
AAU is shady as all frick.
Posted on 9/26/17 at 9:33 am to LSUtoOmaha
quote:Dude will have someone dropped in the back of a Louisville italian restaurant before he goes down for anything.
Pitino is untouchable.
Also, I'm hearing that Miami is involved.
Posted on 9/26/17 at 9:33 am to Jcorye1
quote:
AAU is shady as all frick.
That's why all these 7on7 organizations popped up for football. Nature (or the market) abhors a vacuum.
People saw the shady money being made in basketball (and the money being spent in football) and devised a way to start shifting it their way.
This post was edited on 9/26/17 at 9:34 am
Posted on 9/26/17 at 9:38 am to athenslife101
quote:
Either they got wind of this through another investigation or through a tip.
The pleadings and the criminal complaint from the Southern District of New York identify someone as CW-1. I'm guessing someone involved in this may have been popped for something else and spilled the beans on this to help themselves.
Posted on 9/26/17 at 10:04 am to SCLibertarian
"PERSON" is chuck person
Posted on 9/26/17 at 10:07 am to cgrand
This is going to be very interesting.
Posted on 9/26/17 at 10:07 am to BR Tiger
So 4 assistants are being charged with corruption for doing what exactly? I used to have stuff given to me by reps all the time.
Posted on 9/26/17 at 10:08 am to sms151t
Funneling money to players and their families to steer them to certain folks
Posted on 9/26/17 at 10:11 am to HailToTheChiz
That has gone on for years, Sonny Vaccaro was the king of it. Is he not an Adidas guy now?
Posted on 9/26/17 at 10:29 am to sms151t
How is this a federal crime?
Is it because they probably hid the money on the student's FAFSA application/Income Taxes?
Let's strip away the obvious NCAA violations.
The scheme is
-Sports company pays $ to bring student to one of their sponsored schools
-Coaches facilitated money transfer
-Coaches paid "finder fee" when student signs endorsement deal at the pro level
There are numerous industries that pay third parties for referring clients to them. Why is this a crime worthy of FBI investigation?
Is it because they probably hid the money on the student's FAFSA application/Income Taxes?
Let's strip away the obvious NCAA violations.
The scheme is
-Sports company pays $ to bring student to one of their sponsored schools
-Coaches facilitated money transfer
-Coaches paid "finder fee" when student signs endorsement deal at the pro level
There are numerous industries that pay third parties for referring clients to them. Why is this a crime worthy of FBI investigation?
This post was edited on 9/26/17 at 10:30 am
Posted on 9/26/17 at 10:31 am to Tigeralum2008
quote:
Why is this a crime worthy of FBI investigation?
Who is reporting this income? At some point money laundering comes into play somewhere.
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