OT: FBI has reportedly arrested several NCAA basketball assistant coaches.

[upstater]

They're on athletic scholarships, how is that financial aid from the federal gov?

Pell grants. Before you receive the stipend money schools pay out, you have to apply for financial aid.

Schools instituted this so that the gov't would help pay for the stipends instead of the schools.

So, part of that cash that students get from the school above room & board and tuition remission can be a pell grant.

 

[HawkHusky]

Yup:

My opinion of Fraschilla is definitely improving...

 

[intlzncster]

The biggest surprise to me is that they went with an addias connection. Under armour has seemed to be the most shady company if the big 3, at least on this board. I am surprised they aren't the ones in the news.

Adidas way bigger though. Firmly in 2nd place behind Nike atm

 

[Mano]

I'm only on page 3 of this already epic and incredible thread, but holy farking crap!!!

 

[huskymedic]

 

[SubbaBub]

So let me get this straight. There is an investigation about paying and influencing players and Calipari and World Wide Wes are not implicated?! OK.

The UK operation is way more sophisticated. Wouldn't be caught up in a penny ante sting like this one.

 

[Stinger92860]

Does the kid get caught up in this too? Idk how this works. You'd have to think something went his way at some point. But without tangible evidence, it's useless. At the very least, the NCAA will investigate him

He will never play in an official NCAA game. Watch him sign overseas shortly.

 

[intlzncster]

If the FBI has a lot of actual proof, the NBA may need to have another draft in a few weeks with all of the high level players who are about to become ineligible for this NCAAs season.

The FBI doesn't casually pass out affidavits man. They got something. Probably a lot.

 

[intlzncster]

I'd love to see shots of the kids who were implicated in this either in class or in practice today just like

Would look more like

 

[CL82]

 

[Stinger92860]

Don't be surprised if Quinerly turns on UA now that he knows Bowen got $100k from UL versus his $15k from UA. He's gotta be pissed!

I wonder If Enoch received money to transfer to Vile? It was an odd transfer at the time.

 

[huskiesouth]

I don't understand why they were arrested. They violated NCAA rules, but what laws did they break?

All the schools involved receive $$ from the Federal government, and by doing so commit to a certain standard of financial conduct (as ironic as that may be). Employees of the school engaged in fraud, bribery and conspiracy to benefit themselves and received payments to steer students to certain agents/financial advisors, possibly to the detriment of the students.

 

[Mano]

I don't want to overstate things, and I still haven't had a chance to read the whole thread but, I really really hope Louisville and Pitino sleep with the fishes after this.

 

[intlzncster]

I don't want to overstate things, and I still haven't had a chance to read the whole thread but, I really really hope Louisville and Pitino sleep with the fishes after this.

 

[UConnNick]

Idk, but they could get the death penalty.

It would be well deserved in Louisville's case, but after what happened to the SMU football program in the aftermath, I seriously doubt the NCAA will ever do it again. There have been numerous instances since SMU when it would have been appropriate.

 

[Robertelamin]

The FBI doesn't casually pass out affidavits man. They got something. Probably a lot.

Yeah this isn't coming from the Punxsutawney Sheriff's Department. The FBI aren't going to look like fools.

 

[Dave Carlson]

They're on athletic scholarships, how is that financial aid from the federal gov?

The federal criminal charge is wire fraud, which essentially means fraud that was committed across state lines. The claim is that the charged people defrauded the universities in question because the payments made the players ineligible and so the universities would not have given those scholarships were they aware of the payments. Additionally, they are claiming that the fraud deprived the universities of the control of their assets because granting the scholarships opened the schools up to potential sanctions from the NCAA. Finally, they tacked on money laundering charges since the participants violated those rules when moving the money in furtherance of the "fraud".

On the fraud charges, the defendants will have incentive to demonstrate that the universities were aware of and condoned this behavior and so there was no intent to defraud.

Fairly tortured way of turning this into a federal crime, but this case will get more attention than going after actual criminals and getting positive press coverage was the most important thing to the particular US attorney who started this investigation.

 

[UConnRock]

Can't see how Petino stays given the past and the facts presented. Whether Jurich also takes a fall is the big question.

The interesting thing will be whether some 2017 recruits other than Bowen bail out before the season starts.

 

[noeynox]

What are the chances the ACC decides to ditch Louisville and to pick us up for 2019?

Only if there is really a God.

 

[White Dwarf]

First VW, now Adidas. Can German corporations be trusted?

 

[temery]

Wait for the defendants to prove the NCAA knew this has been going on for years, but did nothing. Fraud charge evaporates.

Except the coaches then certified to the NCAA that the players had amateur status, which was fraud.

 

[nyucuse]

I had to sign up just to 'like' that,

 

[polycom]

Do you think the ACC will have the guts to kick Louisville out?

 

[upstater]

First VW, now Adidas. Can German corporations be trusted?

Siemens, and the list goes on and on. But--it many parts of the world, this is how you win contracts. Forgive them for assuming the USA is any different.

 

[Dove]

I wonder If Enoch received money to transfer to Vile? It was an odd transfer at the time.

And the way Vance Jackson was so all-in in a 10 toes way leading up to his commitment I have to think his daddy must have been shown a brown bag of loot.

 

[BaZZnBOAT]

Do you think the ACC will have the guts to kick Louisville out?

Absolutely not.

 

[intlzncster]

Only if there is really a God.

Converting to whatever religion's god gets this done.

 

[Horatio]

Do you think the ACC will have the guts to kick Louisville out?

UL has a good football program with a heisman winner. It's never gonna happen.

 

[Husky1964]

Word around Waterbury when Mustafa chose Auburn is that money was involved!! Bruce Pearl has been DIRTY since his days at BCU.

 

[UConnNick]

Pitino is gone. I give it 2 weeks.

Jurich should be out the door along with Tricky Ricky.