Former Miami booster, Ponzi schemer Nevin Shapiro among those whose sentences have been commuted by Biden

Former Miami booster Nevin Shapiro, whose rogue involvement with the school led to a massive NCAA investigation and significant sanctions against the Hurricanes, was sentenced for conspiracy. $930 million ponzi scheme Changed by President Joe Biden.

Shapiro was one of 1,499 recipients of commutations announced by the White House on Friday.

Federal records show that Shapiro, who was initially sentenced in 2011 to serve 20 years in prison and pay off his debt Investors took a hit of about $83 millionWill be officially listed as releasing on 22nd December.

Court records show Shapiro has been on home confinement since 2020.

The Justice Department said the reduction in his sentence merely “reduces the term of imprisonment”, adding that it “does not constitute a waiver of the underlying crime, but merely waives a portion of the sentence.”

The Shapiro saga remains one of the dirtiest chapters in college sports history.

Miami’s investigation took more than 30 months, beginning with Shapiro first contacting the NCAA to make claims about his involvement with coaches and athletes at Miami and to try to clear those about him. In 2010 she said that he had cheated on her when he got into legal trouble.

The NCAA also found wrongdoing during the investigation into Miami. The NCAA’s enforcement department – ​​which does not have subpoena power – used some information submitted by an attorney under the guise of it being part of Shapiro’s bankruptcy case.

Because that information was deemed improperly obtained by the NCAA, it resulted in some charges being dropped. The attorney involved was also sanctioned by the Florida Bar.

One of the investigators working on the NCAA’s investigation of Miami Athletics also wrote a letter to a federal judge on Shapiro’s behalf just days before the sentencing.

Shapiro told Yahoo Sports in 2011 that he spent “millions” on additional benefits for Miami athletes. The NCAA alleged in its notice of charges received by Miami in 2013 that Shapiro was responsible for providing approximately $170,000 in improper benefits to Hurricanes athletes, recruits, coaches and others between 2002 and 2010.

Miami found itself facing a variety of penalties – including declining bids to a pair of bowl games and an Atlantic Coast Conference championship game – as well as losing scholarships in football and men’s basketball due to wrongdoing. The school was placed on three-year probation by the NCAA, which will expire in 2016.