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DOJ alleges fraud against NCAA basketball programs, apparel partners

The logo of German sport brand Adidas is pictured on waving flags in front of the Adidas Headquarter in Herzogenaurach on January 25, 2016. / AFP / LUKAS BARTH        (Photo credit should read LUKAS BARTH/AFP/Getty Images)
The logo of German sport brand Adidas is pictured on waving flags in front of the Adidas Headquarter in Herzogenaurach. An Adidas manager has been implicated in a bribery investigation involving recruitment efforts.
(
LUKAS BARTH/AFP/Getty Images
)

On Tuesday, the Department of Justice announced fraud, bribery and conspiracy charges against 10 people – coaches at top NCAA basketball programs, financial advisers, managers and sportswear company representatives.

Three different criminal complaints were unveiled today, targeting schemes in which apparel representatives paid bribes in order to direct athletes into particular schools, apparel contracts and advisory deals. These charges are the result of a 3-year investigation into criminal activity within NCAA basketball. The apparel company Adidas and the University of Southern California were among the institutions implicated.

We talk to Wall Street Journal reporter Rebecca Davis O’Brien, who just comes from the Department of Justice press conference, with the latest details on the allegations.  

Guest:

Rebecca Davis O'Brien , she covers white-collar law enforcement for The Wall Street Journal, where she has also covered sports and New York City courts