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How corruption in sports spills into compliance

Jaclyn Jaeger | October 3, 2017

Federal enforcement authorities are playing full-court press against some of the biggest names in the world of college basketball, scoring federal criminal charges last week in a massive fraud and corruption scheme that threatens to rock the compliance world at large and could be one of the largest compliance crises to face American collegiate sports.

“This case demonstrates how prosecutors and regulators continue to view the sports world as a high-risk industry for bribery and corruption,” says Jeffrey Lehtman, co-chair of the litigation department at law firm Richards Kibbe & Orbe. “This should be a wake-up call for all organizations affiliated with the sports world.”

In three separate complaints, unsealed Sept. 26 in Manhattan federal court, the U.S. Department of Justice and the Federal Bureau of Investigation announced federal criminal charges against ten individuals who got caught in their own intricate web of two different but related fraud and corruption...

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