Category Archives: Financial crimes

Former NFL player Walker pleads guilty to fraud

A former National Football League player and Mississippi businessman has pleaded guilty to wire fraud and tax evasion charges accoring to an AP report. Walker admitted he used investors’ money for a planned resort area in China and to buy himself … finish reading Former NFL player Walker pleads guilty to fraud

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New FIFA executive investigation

FIFA opened an investigation into the use of funds by executive committee member Worawi Makudi. The world’s soccer governing body opened the investigation after learning of allegations that Worawi spent some $860,000 in grants on a soccer training facility and … finish reading New FIFA executive investigation

Posted in Bribes, Commissioners, Current Stories, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, National Gov. Bodies, Soccer | Leave a comment

Former Greek club chairman arrested in match fixing scandal

After being on the run for three months, police finally arrested Makis Psomiadis, former chairman of Greek club Kavala, for alleged involvement in a match-fixing scandal. Police arrested Psomiadis in his seaside home in Athens on suspicion of membership in a criminal … finish reading Former Greek club chairman arrested in match fixing scandal

Posted in Arrests, Bribes, Daily Digest, English Premier League, FIFA, Financial crimes, Governing Bodies, International Sports, Jail/Prison, National Gov. Bodies, Owners, Penalties, Police Blotter, Soccer, Suspensions, Teams, The Ugly Truth | Tagged | Leave a comment

FIFA denies Bin Hammam appeal of lifetime ban

As many expected, FIFA denied Mohamed Bin Hammam’s appeal against a life ban from soccer. Bin Hammam received the life ban after allegations of offering bribes during his campaign for FIFA president. FIFA’s three-person appeal panel met for seven hours … finish reading FIFA denies Bin Hammam appeal of lifetime ban

Posted in Bribes, CAS, Commissioners, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, MOJ (Miscarriage of Justice), National Gov. Bodies, Penalties, Resignations, Soccer, The Ugly Truth | Tagged | Leave a comment

Former Spartan Jay Vincent going to prison for fraud conviction

Former NBA player and Michigan State star Jay Vincent was sentenced Friday to more than five years in prison and ordered to pay more than $110,000 to the Internal Revenue Service for his part in a fraud case involving thousands … finish reading Former Spartan Jay Vincent going to prison for fraud conviction

Posted in Athletes, Basketball, Daily Digest, Financial crimes, Jail/Prison, NBA, Police Blotter, The Ugly Truth | Tagged , | Leave a comment

Fifteen Hurricanes under investigation

Miami has announced that 15 players are under investigation for receiving benefits which would make them ineligible for competition this fall. While the school would not identify the players, the Yahoo report named the following players as having received additional … finish reading Fifteen Hurricanes under investigation

Posted in Agent Regulations, Agents, Athletes, Coaches, College Football, Current Stories, Daily Digest, Eligibility, Fans, Financial crimes, Football, NCAA, NCAA sanctions, Recruiting, Recruiting violations, Securities Fraud, Suspensions, Universities | Leave a comment

Miami is going to have a lot of NCAA issues; current athletes will suffer

The stories are only begin to break, and already it is clear that there are going to be a lot of problems unearthed at Miami. While many people are questioning the motivations and/or character of Nevin Shapiro, the reality is … finish reading Miami is going to have a lot of NCAA issues; current athletes will suffer

Posted in AYK (Are you Kidding??), Agent Regulations, Agents, Athletes, Coaches, College Football, College Sports, Daily Digest, Financial crimes, Football, Jail/Prison, NCAA, NCAA sanctions, RTC (Rules to Change), Securities Fraud, Universities | Leave a comment

NCAA set to question Miami (FL) officials

The NCAA has now apparently set its sights on the University of Miami as it will look into actions and activities surrounding booster Nevin Shapiro, who was given a 20 year sentence for leading a $930 million ponzi scheme. Apparently some of … finish reading NCAA set to question Miami (FL) officials

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Dykstra pleads not guilty to car theft and drug charges

Len Dykstra pleaded not guilty to charges of grand theft auto as well as other drug charges filed in California according to an ESPN report. Dykstra, already facing federal charges of destroying property related to his bankruptcy case, pleaded not … finish reading Dykstra pleads not guilty to car theft and drug charges

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Pitino extortionist still trying for appeals

Some people don’t give up as you can see in this AP report. The woman convicted of trying to extort Louisville Cardinals basketball coach Rick Pitino has asked a federal appeals court to overturn her conviction and seven-year prison sentence. … finish reading Pitino extortionist still trying for appeals

Posted in AYK (Are you Kidding??), Basketball, Coaches, College Basketball, Daily Digest, Financial crimes, Jail/Prison, Police Blotter, Spouses | Leave a comment

FIFA VP advises AFC to move on

FIFA vice president Prince Ali Al Hussein stated he believes the Asian Football Confederation must proceed with its business despite the uncertainty surrounding suspended president Mohammed bin Hammam. In a meeting on Friday, the AFC decided no immediate action was … finish reading FIFA VP advises AFC to move on

Posted in Bribes, Commissioners, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, National Gov. Bodies, Penalties, Soccer, Suspensions | Leave a comment

Mohamed bin Hammam barely hanging on

Mohamed bin Hammam, a former executive who FIFA recently banned for life, is going to remain president of the Asian Football Confederation (AFC), for now. The news comes after the regional body declined to convene an extraordinary congress to replace … finish reading Mohamed bin Hammam barely hanging on

Posted in Bribes, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, National Gov. Bodies, Soccer, Suspensions, Trials | Leave a comment

Two Greek football clubs relegated

A match-fixing scandal investigation has led to two top-tier greek football clubs, Volos and Kavala, being relegated. Each club received a fine of $433,400 and each chairmen was banned for life. Both clubs called the decision invalid, and vowed to … finish reading Two Greek football clubs relegated

Posted in Athletes, Bribes, Coaches, Commissioners, Daily Digest, Fans, Financial crimes, Firings, Gambling, Governing Bodies, Indictments, Leagues, Owners, Penalties, Soccer, Suspensions, UEFA | Leave a comment

Domain name thief sentenced

A New Jersey man admitted to illegally accessing the domain address P2P.com and then selling it to former Los Angeles Laker and Minnesotta Timberwolf Mark Madsen. Madsen is best know for his entertaining “dancing” at the Lakers championship celebrations. Daniel … finish reading Domain name thief sentenced

Posted in Arrests, Athletes, Basketball, Criminal law, Daily Digest, Financial crimes, Intellectual Property, Jail/Prison, NBA, Penalties, Police Blotter, Theft | Leave a comment

Japanese Football Federation urges for an election

Junji Ogura, president of the Japanese Football Federation, urged the Asian Football Confederation to hold presidential elections after its previous president received a lifetime ban. Former AFC president Mohamed bin Hammam received a lifetime ban over bribery allegations. China’s Zhang … finish reading Japanese Football Federation urges for an election

Posted in Commissioners, Criminal law, Daily Digest, FIFA, Financial crimes, Firings, International Sports, National Gov. Bodies, Soccer, Suspensions, UEFA | Leave a comment

UEFA wants to help Greece with league reform

Continuing with the world-wide focus on match-fixing, UEFA president Michel Platini committed to sending experts to help Greece reform its soccer leagues. Platini met with prime minister George Papandreou and Pavlos Geroulanos, a minister for culture and sport. Geroulanos said … finish reading UEFA wants to help Greece with league reform

Posted in Arrests, Bribes, Commissioners, Criminal law, Daily Digest, FIFA, Financial crimes, Gambling, Governing Bodies, Indictments, Leagues, National Gov. Bodies, Police Blotter, Soccer, UEFA | Leave a comment

Italian Football Federation summons team officials

Following a match-fixing and gambling scandal, team officials from Serie A teams Atalanta and Chievo Verona are set to appear before the disciplinary panel of the Italian Football Federation. According to the federation, 18 clubs and 26 people were ordered … finish reading Italian Football Federation summons team officials

Posted in Arrests, Athletes, Bribes, Criminal law, Daily Digest, FIFA, Financial crimes, Gambling, Indictments, International Sports, Jail/Prison, Leagues, National Gov. Bodies, Owners, Police Blotter, Soccer, Teams, UEFA | Leave a comment

FIFA challenged to uphold its zero-tolerance policy

Just days after banishing Mohamed bin Hammam for life in a bribery scandal, FIFA has been challenged to continue to uphold its zero-tolerance policy and investigate the meeting in Trinidad. This is the same meeting that led to bin Hammam’s … finish reading FIFA challenged to uphold its zero-tolerance policy

Posted in Bribes, Commissioners, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, National Gov. Bodies, Penalties, Soccer, Suspensions | Leave a comment

Turkey postpones upcoming soccer season

Amid a match-fixing investigation, Turkish soccer federation officials decided to postpone the start of the Turkish soccer season until September 9. The season was originally set to begin August 5. Earlier this month, Turkish police rounded up more than 60 … finish reading Turkey postpones upcoming soccer season

Posted in Arrests, Bribes, Commissioners, Criminal law, Daily Digest, FIFA, Financial crimes, Gambling, Governing Bodies, International Sports, Media, National Gov. Bodies, Scheduling, Soccer, Suspensions, Teams | Leave a comment

Mohammed bin Hammam plans to fight the ban

Months after he led Qatar to garner the bid to host the 2022 World Cup, FIFA handed down a lifetime ban against Mohammed bin Hammam in connection to a bribery scandal. bin Hamman said he plans to fight the ban … finish reading Mohammed bin Hammam plans to fight the ban

Posted in Bribes, Commissioners, Daily Digest, FIFA, Financial crimes, Governing Bodies, International Sports, National Gov. Bodies, Soccer, Suspensions, Trials | Leave a comment