FBI Arrests Four NCAA Basketball Coaches on Charges of Fraud, Corruption
on September 26, 2017
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Another earthquake has hit the sports world after reports emerged that the FBI has arrested 10 NCAA basketball officials, including four assistant coaches, along with executives at Adidas on charges of fraud and corruption. From ESPN:
"The picture painted by the charges brought today is not a pretty one,'' Joon H. Kim, the acting United States Attorney for the Southern District of New York, said at a Tuesday news conference. "Coaches at some of the nation's top programs soliciting and accepting cash bribes. Managers and financial advisers circling blue-chip prospects like coyotes. And employees of one of the world's largest sportswear companies secretly funneling cash to the families of high school recruits."





