Advertisement
Advertisement
Nevin Shapiro and the University of Miami
Advertisement
Advertisement
A scandal that crossed both socioeconomic as well as sports borders, which happened to play just as much of a role in the collapse of the great University of Miami football teams of the early 2000’s as what happened on the field.
Shapiro started a firm called “Capitol Investments USA,” which effectively just became a shell company for him to solicit funds that he would use to give University of Miami football players perks like cash, various goods, VIP experiences, and various other favors of all sorts. When the Ponzi scheme was investigated and busted by the FBI, Shapiro outed just how much money he funneled to Miami players, leading to the University imposing significant penalties upon itself.
Advertisement
Advertisement
Advertisement