FBI charges four college basketball coaches in fraud and corruption inquiry

Coaches alleged to have taken bribes for influence over college playersOklahoma State, Auburn, Arizona and Southern Cal assistants chargedUS attorney decries advisors “circling blue-chip prospects like coyotes”Four coaches at major college basketball programs and a senior executive at Adidas are among those facing federal bribery, fraud and corruption charges in a probe investigating “the criminal influence of money on coaches and student-athletes who participate in intercollegiate basketball governed by the NCAA”, prosecutors in Manhattan announced on Tuesday.“Coaches at some of the nation’s top programs soliciting and accepting cash bribes, managers and financial advisors circling blue-chip prospects like coyotes and employees of one of the world’s largest sportswear companies secretly funneling money to the families of high school recruits,” Joon H Kim, acting US attorney for the southern district of New York, said at a news conference in downtown Manhattan on Tuesday. “The picture painted by the chagres brought today is not a pretty one.” Continue reading…

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