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Small potatoes compared to Penn State…

… but here’s yet another fraudster who spent stolen funds on a university sports team.

Through the Mattera Foundation, the accused paid for Florida Atlantic University’s weekly football fan breakfast with legendary coach Howard Schnellenberger in 2010, although the athletic department refused his support this past year when word of his legal troubles first emerged.

Efforts to reach FAU athletic director Craig Angelos for comment Thursday were unsuccessful…

Nevin Shapiro’s the big name here, of course; but the business of parking your Ponzi profits in university athletic programs is broadly popular.

Margaret Soltan, November 18, 2011 3:14AM
Posted in: sport

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2 Responses to “Small potatoes compared to Penn State…”

  1. dmf Says:

    http://espn.go.com/espn/otl/story/_/id/7248184/syracuse-police-investigating-bernie-fine-molesting-boy-1980s
    don’t know if this is true but do know that in the past Syracuse bball players have left a trail of sexual violence to be covered up and victims to be silenced over the years and that’s a campus that relatively speaking doesn’t care much about sports, can’t imagine what’s in the skeleton closet of a program like Nebraska that carries the pride and related insecurities of a whole state.

  2. Margaret Soltan Says:

    dmf Yes – I’ve been keeping an eye on the Syracuse story.

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