May 26, 2013, 6:17 PM EDT
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.
Oct 26, 2014, 12:21 AM EDT
Indiana’s nine newcomers received their candy-striped warmup pants from former IU players Saturday night.
Oct 25, 2014, 11:24 PM EDT
Pat Birt was a Horizon League All-Freshman Team selection at UIC last season.
Oct 25, 2014, 10:07 PM EDT
Keifer Sykes is one of the best dunkers in America, and he was at it again Saturday afternoon.
Oct 25, 2014, 8:47 PM EDT
The intro video to Tom Izzo’s memorable entrance at “Michigan State Madness” Friday night.
Oct 25, 2014, 7:03 PM EDT
While head coach Gib Arnold released a statement saying that the school had yet to receive a Notice of Allegations from the NCAA, the administration is considering the option of self-imposing sanctions.
Oct 25, 2014, 5:29 PM EDT
Byron Samuels already had a tough rebuilding job in front of him as a result of Florida A&M being hit with a postseason ban for low APR numbers.
Oct 25, 2014, 4:00 PM EDT
Mike Young has seen the Wofford men’s basketball program come a long way since he first joined the coaching staff back in 1989.
Oct 25, 2014, 3:30 PM EDT
A three-star commit on Friday night, a top-70 pledge on Saturday morning. This has been a big weekend for first-year head coach Mike Rhoades.
Oct 25, 2014, 2:00 PM EDT
A story from Syracuse.com says the first-year big man does up to 500 pushups daily.
Oct 25, 2014, 12:50 PM EDT
This is Danny Manning’s third commitment this month, first in the Class of 2016.
Oct 25, 2014, 12:00 PM EDT
Davidson is gone, but that does not mean that the SoCon will be a bad basketball league.
Oct 25, 2014, 11:45 AM EDT
Only three programs remain in contention for the nation’s top rated point guard.
Oct 25, 2014, 11:00 AM EDT
Pretty good dunk, but still not better than Chris Mack’s entrance.
Oct 25, 2014, 10:15 AM EDT
The Hall of Fame coach makes his first comments, several days after Kenneth Wainstein released his report.
Oct 24, 2014, 10:55 PM EDT
Tom Izzo does it again. Add it to the long line of amazing midnight madness entrances.
Oct 24, 2014, 10:24 PM EDT
Chris Mack and his daughters performed ‘Paul Revere’ at Musketeer Madness on Friday night.
Oct 24, 2014, 8:05 PM EDT
The Wisconsin forward is likely to miss a week or two
Oct 24, 2014, 7:30 PM EDT
Ed Cooley adds a 6-foot-8 forward to the Friars’ front court.
Oct 24, 2014, 6:45 PM EDT
The former Virginia Tech Hokie will be a big boost to SMU’s perimeter.
Oct 24, 2014, 6:00 PM EDT
Manhattan and head coach Steve Masiello had some issues to address this spring, but thanks in part to their departed senior class the Jaspers are well-positioned to once again contend in the MAAC.
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