Financial Advisor Accepts Plea Agreement In College Basketball Corruption Case
The dominos are beginning to fall in the college basketball corruption criminal case that involves allegations of bribes to players in exchange for attending schools and signing with agents, as well as to coaches for steering players to particular managers. At the end of August, one of the individuals originally accused of committing a crime related to the scandal plead guilty to charges of bribery and fraud.
Financial advisor Munish Sood admitted that he was involved in a conspiracy to bribe college basketball coaches to retain him. He had been a registered broker for thirteen years at two different firms and did not seem to have troubled past prior to the instant criminal case concerning college basketball-related payments.
Sood’s admission could also mean bad news for basketball player recruiter and servicer Christian Dawkins. He stated that Dawkins assisted him in facilitating bribes to former South Carolina assistance coach Lamont Evans, Arizona assistance coach Emanuel “Book” Richardson and Southern California assistant Tony Bland.
Dawkins and the aforesaid assistant coaches were all arrested as part of the pending college basketball corruption scandal. The trial for Dawkins, adidas executive Jim Gatto and former adidas consultant Merl Code is scheduled to begin at the beginning of October. Sood is expected to testify at the trial as part of his plea agreement, where it is likely that he will discuss the inner workings of a sports management company he supposedly set up with Dawkins in 2017.