Articles matching tag: Rick Pitino
- Column: Bribery Kickback Scandal Rocks College BasketballOctober 12, 2017
“I rob banks because that’s where the money is.” Willie Sutton Last week a New York federal court handed up indictments charging a number of assistant coaches, agents, financial advisers and shoe company employees with corruption in recruiting amateur basketball players. Ten men were arrested on criminal charges including conspiracy to commit wire fraud and money laundering. During a press conference to announce the arrests, Joon Kim, acting U.S. Attorney for the Southern District of New York, said the investigation is ongoing, sending an ominous signal that this is merely the tip of the iceberg in unmasking a scandal that has been an open secret for years. Prosecutors will no doubt use the prospect of jail time to coerce defendants into identifying more schools, coaches, and companies involved in the corruption, kickbacks and bribery schemes to funnel top-level athletes to certain programs.