The FBI announced Tuesday morning that 10 people, including four college basketball assistant coaches, will face federal charges of fraud and corruption.
The FBI has apparently conducted a wide-ranging investigation into fraud and corruption in college basketball and, according to documents released by the FBI Tuesday morning, a university that fits the description of the University of Louisville is implicated.
The indictment accuses four individuals, including the director of global marketing for adidas, James Gatto, of funneling approximately $100,000 to an All-American high school basketball player in order to secure that player’s commitment to the school. The player was then to sign with adidas upon entering the NBA.
CBS Sports college basketball reporter Gary Parrish believes that player is Class of 2017 recruit Brian Bowen.
According to a report by Louisville-based TV station WDRB.com, the money was wired to third-party consultants who then made cash payments to the player’s family in order to conceal the transaction from university officials.
The indictment alleges the scheme “could only succeed” if one or more coaches at the university made “false certification to the university.”
None of the four assistant coaches named in the report are from Louisville. They are Chuck Person of Auburn, Lamont Evans of Oklahoma State, Book Richardson of Arizona and Tony Bland of Sourthern California.