Originally posted on CollegeFootballTalk:
As we noted a little while ago, CNBC’s “American Greed” profiled in length former Miami booster Nevin Shapiro and his nearly $1 billion Ponzi scheme.
The show also touched on, although much less extensively, Shapiro’s accusations that he provided Miami student-athletes with impermissible benefits that violated NCAA rules.
Shapiro was not featured directly in the hour-long special, but in emails to “American Greed”, he answered questions about his Ponzi scheme and his relationship with the University of Miami.
Even behind bars and a computer, it’s clear Shapiro still has a cockiness about him that reflects his current situation.
“You’ll need eight documentaries to film this story” Shapiro wrote in an email to CNBC.
“He was a small guy who didn’t come from money. So he tried to prove himself,” said attorney Linda Jackson, who represents one of Shapiro’s investors.
Shapiro’s story is a fascinating one. Based on his ability to swindle…
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