Dissecting "the Dark Underbelly of College Athletics" & What Lies Beyond the FBI Investigation

Turns out the madness stretches well beyond March's NCAA Men's Basketball Tournament. Early into the workday last Tuesday, September 27, a Press Conference Advisory from the United States Attorney's Office for the Southern District of New York went out for immediate release calling for a noon meeting time and complete with attachments, stating, "There will be a press conference today at noon to announce charges of fraud and corruption in college basketball. Federal criminal charges have been brought against ten people, including four college basketball coaches, as well as managers, financial advisors, and representatives of a major international sportswear company." Here is a breakdown of who is involved, the two distinct schemes, the laws implicated, and what we can anticipate to follow in the short term and the long term.