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‘American Greed’ will profile former Miami booster Nevin Shapiro

Ohio St Miami Football AP

The Miami scandal involving former booster Nevin Shapiro has been dormant from headline news for a few months, but Shapiro’s allegations that he provided impermissible benefits to UM players, as well as his involvement in a Ponzi scheme, will be revisited tonight.

CNBC’s “American Greed” will profile Shapiro tonight at 10 p.m. ET in an episode titled “Major League Fraud.” You can see a preview of the segment HERE.

Shapiro was jailed after swindling investors out of nearly $80 million in a Ponzi scheme. While in jail, Shapiro spilled the alleged beans to Yahoo! Sp0rts reporter Charles Robinson over “millions of dollars” in impermissible benefits he said he provided to over 70 current and former Miami players.

The NCAA is currently investigating the allegations, although no timetable has been set for any sort of resolution to the matter. Because the investigation is ongoing, Miami cannot comment on it.

As far as Shapiro’s allegations, eight Miami players were determined to be ineligible for at least one game this past season for taking impermissible benefits from the booster.

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5 Responses to “‘American Greed’ will profile former Miami booster Nevin Shapiro”
  1. goblue714 says: Feb 8, 2012 8:48 PM

    Why is this being swept under the rug? Could it be because the head of NCAA infractions committee was the AD at the time? Where’s the death penalty for this program? How many do they have to be caught cheating before the NCAA says enough? Whatever.

  2. dyrtydawg says: Feb 8, 2012 9:35 PM

    Swept under the rug? It’s still under investigation. Keep in mind the biggest difference here is that they are questioning how much can they come down on a bunch of kids who were duped & seduced by a “jock sniffer”. That same “jock sniffer” who duped & seduced wealthy, successful and influential ADULTS who has far more experience dealing with sleaze balls day to day than those KIDS.

  3. mhalt99 says: Feb 8, 2012 10:05 PM

    dyrtydawg says:

    That would make sense except that tiny little old problem of Paul Dee “nittany lioning” the trojans over reggie bush and a few thousand dollars of illegal benefits.

    Also it isn’t as much about the kids as it is about Paul Dee making a statement while he knew what happened on his watch. kinda like making bin laden head of homeland security and then having him nuke canada over a border dispute.

    at least with miami it was with grown consenting women…………..i know that’s not saying much but its better then what happened in the big 10….or in the big 10 (PSU or Wisc)

  4. theshopblog says: Feb 9, 2012 10:34 AM

    Reblogged this on The Shop Blog.

  5. tmphd74 says: Feb 9, 2012 1:16 PM

    Not being swept under rug, but many holes in Shapiro’s stories are being found. The original story went from “millions of dollars spent on UM players” to a total of 3k for the 8 suspended this year. The basketball player was reinstated and almost half of those accused already cleared.

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