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Showing posts with the label nevin shapiro ponzi

University Miami football player, Engaged in more than 180

In 100 hours of jailhouse interviews during Yahoo! Sports’ 11-month investigation, Hurricanes booster Nevin Shapiro described a sustained, eight-year run of rampant NCAA rule-breaking, some of it with the knowledge or direct participation of at least seven coaches from the Miami football and basketball programs. At a cost that Shapiro estimates in the millions of dollars, he said his benefits to athletes included but were not limited to cash, prostitutes, entertainment in his multimillion-dollar homes and yacht, paid trips to high-end restaurants and nightclubs, jewelry, bounties for on-field play (including bounties for injuring opposing players), travel and, on one occasion, an abortion. Yahoo! Sports was busily breaking a very sordid story about a convicted Ponzi schemer named Nevin Shapiro who allegedly bought the Miami Hurricanes as though it were a professional team early last decade, and claims he did some wicked things like paying Hurricane players "boun...