Intro by Steve Runyan, Kroger Gardis & Regas LLP
In a case likely followed closely by the Indianapolis-based NCAA, a federal jury found three men guilty of fraud charges for funneling payments to the families of highly-sought basketball recruits. The defendants' primary defense was that their behavior may have violated NCAA bylaws, but that it was not a federal crime. The guilty verdicts relate to money funneled to players who ended up at Louisville, Kansas and North Carolina State. Two trials stemming from the investigation are still to come, including charges against four assistants coaches from major programs.
Stories on the case can be found here and here.
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