Sports Illustrated is dropping a massive report on the NCAA's investigation into the University of Miami's football program this week, and the juiciest part includes claims by Nevin Shapiro, the convicted Ponzi schemer at the center of the scandals, that he had used inside information to bet on Hurricanes game. Though, Shapiro also says that his gambling will not be part of the NCAA investigation into UM.
See also: Nevin Shapiro: Miami's Caligula
Shapiro claims he used inside information from players, coaches and athletic department staffers to help him win bets on 23 Miami Hurricanes game.
From a preview of the piece just posted on InsideSportsIllustrated.com:
An example of Shapiro's new claims: He told SI that several days before favored Miami lost 19-16 to N.C. State on Nov. 3, 2007, he learned from a coach that quarterback Kyle Wright would be benched due to a bad knee and ankle. Shapiro said he got his bet in before the benching became public, and the line moved from 13 points to 11. Records show that six days after the game, nine wires moved $1.18 million from one Shapiro business to another. Shapiro claims it was all money from the N.C. State game.
Shapiro made the bets through Adam Meyers, a local gambling kingpin New Times profiled in 2011. At the time Meyers claimed that he had never received any inside information from Shapiro. So at the very least Shapiro was keeping his secrets to himself.
Though, Shapiro doesn't believe that the NCAA will include his gambling allegations in their case against UM. Why? Because Shapiro refused to cooperate with the NCAA on the matter when they refused to pay for his attorney to be present during an interview.
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