Skip to content

Nevin Shapiro’s admission adds another twist to Miami investigation

May 26, 2013, 6:17 PM EDT

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. Assigned Reading: Devonta Pollard opens up about the kidnapping he was involved in

    Oct 30, 2014, 12:56 PM EDT

    NIT Northeastern Alabama AP

    Pollard is looking to reignite his career at Houston this season.

  2. 2014-2015 Season Preview: Treveon Graham, VCU enter as favorites in the Atlantic 10

    Oct 30, 2014, 12:00 PM EDT

    AP AP

    The Atlantic 10 is out to gain respect again this season from the rest of the college basketball world, a year after the league saw a record six teams selected for the NCAA tournament with one team reaching the Elite 8.

  3. Former Georgia Tech head coach recuses self from Syracuse’s NCAA hearing

    Oct 29, 2014, 11:30 PM EDT

    bobby-cremins AP

    Bobby Cremins says that his relationships with other coaches has led to his having to recuse himself from other cases in the past.

  4. Transfer guard dismissed from Minnesota program

    Oct 29, 2014, 9:48 PM EDT

    Zach Lofton, Zach Lofton,

    Zach Lofton was expected to develop into a more efficient player during his year sitting out per NCAA transfer rules.

  5. Long Beach State, head coach Dan Monson agree to contract extension

    Oct 29, 2014, 8:30 PM EDT

    Dan Monson AP

    Monson is four wins away from becoming Long Beach State’s winningest coach.

  6. Buffalo-area programs to wear special jerseys for Big 4 Basketball Classic

    Oct 29, 2014, 6:51 PM EDT

    Big 4 Basketball Classic Big 4 Basketball Classic

    Buffalo, Canisius, Niagara and St. Bonaventure will wear Buffalo Braves-inspired uniforms for their doubleheader November 29.

  7. ACC releases its preseason media poll, all-conference team

    Oct 29, 2014, 5:10 PM EDT

    AP AP

    North Carolina’s Marcus Paige was the media pick to win ACC Player of the Year.

  8. St. John’s loses key power forward to academic scandal at Junior College

    Oct 29, 2014, 2:26 PM EDT

    lavin AP

    Keith Thomas was expected to start for the Johnnies.

  9. 2014-15 Season Preview: Toledo looks to end a 35-year NCAA Tournament drought and rep the MAC

    Oct 29, 2014, 12:00 PM EDT

    Julius Brown (AP Photo) Julius Brown (AP Photo)

    The MAC is sure to be one of the more intriguing mid-major leagues during the 2014-15 season.

  10. Top 25 Countdown: No. 8 Texas Longhorns

    Oct 29, 2014, 11:57 AM EDT

    Isaiah Taylor (Getty Images) Getty Images

    How can Texas build off of last seasons surprising success?

  11. The American releases their preseason poll

    Oct 29, 2014, 9:50 AM EDT

    Kevin Ollie AP

    Who would you pick in first, UConn or SMU?

  12. 2014-2015 Season Preview: Stanley Johnson, Sam Dekker lead wing forward rankings

    Oct 29, 2014, 9:00 AM EDT

    Stanley Johnson (Arizona Athletics) Stanley Johnson (Arizona Athletics)

    CBT’s rankings of the best wings in college basketball heading into the 2014-15 season.

  13. Jeff Newberry throws down 360 dunk at Oklahoma State’s Hoops and Homecoming (VIDEO)

    Oct 28, 2014, 11:45 PM EDT

    Jeff Newberry

    The JuCo transfer guard is expected to have an impact in his first season in Stillwater.

  14. Jim Boeheim on Syracuse center DaJuan Coleman: ‘If we get him, it will be a bonus’

    Oct 28, 2014, 10:30 PM EDT

    Jim Boeheim DaJuan Coleman AP

    The Syracuse big man was limited to only 12 games during the 2014-2015 season.

  15. Top 10 2016 recruit cuts his list to 10

    Oct 28, 2014, 9:00 PM EDT

    Derryck Thornton Derryck Thornton

    Arguably the top point guard in the junior class, and a consensus top 10 recruit in the Class of 2016 has narrowed his list of offers to just 10.

  16. Hawaii head coach, assistant coach fired

    Oct 28, 2014, 7:40 PM EDT

    Gib Arnold AP

    Gib Arnold was entering his fifth season at Hawaii