FBI Arrests NCAA Coaches, Adidas Executive In Crackdown On College Basketball Corruption (source Zero Hedge)
In a broad crackdown on college basketball corruption, U.S. prosecutors unveiled charges Tuesday against 10 coaches, managers, financial advisers and representatives of a sportswear company, accusing them of bribery, fraud and corruption in recruitment in college basketball. Additionally, a key part of the case includes allegations that an executive at a global apparel company bribed students to attend universities where the company sponsored athletic programs. The Department of Justice announced Tuesday that college basketball coaches at University of Arizona, Auburn, University of Southern California, and Oklahoma State University had been arrested, as well as managers, financial advisors, and representatives of a major international sportswear company. The defendants include coaches at top U.S. college basketball programs, one agent, one financial adviser and a former referee. The coaches are Lamont Evans, an assistant at Oklahoma State University, Emanuel Richardson, an assistant for the Arizona Wildcats, and Chuck Person, associate head coach at Auburn University.
Jim Gatto, director of global sports marketing for basketball at Adidas, was also named as a defendant. According to the complaint, Gatto allegedly conspired with coaches to pay high school athletes to play at universities sponsored by Adidas (or as it is referred to in the complaints, “Company 1”).
According to Business Insider, Gatto and four other defendants have charged with “making and concealing bribe payments” to high school student athletes and/or their families. In one instance, Gatto and the other defendants reportedly funneled $100,000 to the family of a high school basketball player to convince the player to sign with a “public research university” in Kentucky.
In another case, Gatto and other defendants allegedly agreed to make payments up to $150,000 from Adidas to convince the player to join another team sponsored by the apparel company, a private university in Florida, according to filings. The university is not named, but based on information provided is likely University of Miami, which entered into a 12-year partnership with Adidas in 2015.
The investigation, which was been in progress since 2015, has been led by the FBI and the US Attorney’s office for the Southern District of New York. Three separate complaints have been filed.