Skip to content

Nevin Shapiro’s admission adds another twist to Miami investigation

May 26, 2013, 6:17 PM EST

MIAMI NCAA VIOLATIONS AP

Much of the NCAA’s case against the University of Miami was built thanks to the words of Nevin Shapiro, a former Miami booster who is currently serving a 20-year sentence in federal prison for running a Ponzi scheme valued at $930 million.

But in light of Shapiro’s admission Sunday that he lied on the stand during a separate trial, does the governing body’s case against the school take another hit?

According to the Miami Herald Shapiro admitted to committing perjury during the trial of Juan Rene Caro, who is currently serving an 18-year sentence due to his running of a $132 million check-cashing scheme.

Shapiro told U.S. District Judge Joan Lenard that Caro, owner of the La Bamba chain of check-cashing stores, did not receive a fair trial because Shapiro committed perjury on the witness stand and his high-profile lawyers, Guy Lewis and Michael Tein, knowingly allowed him to lie.

In the accompanying Florida Bar complaint filed this month, Shapiro said he lied when he was asked about his investment company. He testified that he operated a grocery brokerage business, but the operation actually was a front for the Ponzi scheme that he later was convicted of running.

Obviously, the Caro case has nothing to do with Shapiro’s alleged involvement with the Miami athletic department. But his actions on the stand do open the door for skeptics to question the validity of his claims regarding Miami violating NCAA rules.

Shapiro’s credibility has already been questioned multiple times throughout the investigation of Miami, and Sunday’s news is the latest hit for a man who has proven to be anything but trustworthy.

And the more news along these lines comes out, the tougher it is to assume that all of the allegations made by Shapiro are true.

Raphielle can be followed on Twitter at @raphiellej.

Latest Posts
  1. Cincinnati guard granted release; will likely be a graduate transfer

    Mar 3, 2015, 7:00 PM EST

    (Getty Images) Getty Images

    Cincinnati could be losing an experienced guard for next season.

  2. Jahlil Okafor, D’Angelo Russell among 10 finalists for Wayman Tisdale Award as nation’s best freshman

    Mar 3, 2015, 6:00 PM EST

    Getty Images Getty Images

    A lot of productive players on the Wayman Tisdale Award finalist list, led by Duke’s Jahlil Okafor and Ohio State’s D’Angelo Russell.

  3. America East Tournament Preview and Postseason Awards

    Mar 3, 2015, 4:52 PM EST

    AP AP

    Albany is looking for its third NCAA tournament appearance in as many years. Stony Brook is attempting to once again get over that conference tournament hump.

  4. Player of the Year Power Rankings: It’s Frank Kaminsky’s award to win

    Mar 3, 2015, 3:47 PM EST

    AP Photo AP Photo

    Kaminsky has all but locked up the award in my mind.

  5. Ohio Valley Tournament Preview and Postseason Awards

    Mar 3, 2015, 2:32 PM EST

    Murray State's Cameron Payne (AP) AP

    Murray State rolled through the OVC unbeaten and enters the conference tournament as the heavy favorite.

  6. Duke AD defends handling of allegations against Rasheed Sulaimon

    Mar 3, 2015, 1:36 PM EST

    Getty Images Getty Images

    Rasheed Sulaimon was reportedly publicly accused of sexual assault.

  7. Butler gets starting forward back from broken hand

    Mar 3, 2015, 12:54 PM EST

    Villanova v Butler Getty Images

    Andrew Chrabascz had missed the last two weeks with a broken hand

  8. Big South Tournament Preview and Postseason Awards

    Mar 3, 2015, 12:05 PM EST

    John Brown Getty Images) Getty Images

    A three-game margin separated the top seven teams, so don’t be surprised if things don’t go according to the seeds in Conway, South Carolina.

  9. Dan Patrick Show: Frank Kaminsky joins to talk about his senior year (VIDEO)

    Mar 3, 2015, 11:42 AM EST

    Frank Kaminsky, David Rivers, Walter Pitchford AP

    The National Player of the Year talks hoops, soccer and senior years.

  10. ‘I Hate Christian Laettner’ trailer released (VIDEO)

    Mar 3, 2015, 10:12 AM EST

    AP Photo AP Photo

    Last year, the college hoops 30 for 30 was “Requiem for the Big East”.

  11. NEC Tournament Preview and Postseason Awards

    Mar 3, 2015, 9:15 AM EST

    Jalen Cannon (AP Photo) Jalen Cannon (AP Photo)

    Can St. Francis (NY) land their first-ever NCAA tournament berth?

  12. Seton Hall adds three-star wing commitment for 2015 class

    Mar 2, 2015, 8:30 PM EST

    AP Photo AP

    Seton Hall added to its 2015 recruiting haul on Monday.

  13. Alabama forward out for the season with injury

    Mar 2, 2015, 7:20 PM EST

    (Getty Images) Getty Images

    Alabama loses another starter as the regular season winds down.

  14. Patriot League Tournament Preview and Postseason Awards

    Mar 2, 2015, 6:19 PM EST

    Getty Images Getty Images

    Bucknell will be looking to make their third NCAA tournament appearance under Dave Paulsen.

  15. Pregame Shootaround: Three great games on TV tonight

    Mar 2, 2015, 3:30 PM EST

    Buddy Hield AP

    The Big 12 and the ACC will both be in action.