The Latest: Adidas executive charged in NCAA bribe scheme

The Latest: Adidas executive charged in NCAA bribe scheme

NEW YORK (AP) The Latest on fraud and corruption charges announced against people associated with college basketball (all times local):

11:10 a.m.

The director of global sports marketing for Adidas is among those charged in a bribe-paying scheme that federal authorities say was designed to match agents and advisers to players before they became NBA stars.

James Gatto was arrested Tuesday along with nine others, including four assistant basketball coaches from Arizona, Auburn, the University of Southern California and Oklahoma State. It was not immediately clear who will represent him in court.

In criminal complaints, authorities said agents and financial advisers paid bribes to assistant coaches to get them to introduce them to star college players and their parents before the students turned professional.

Authorities said the coaches received thousands of dollars in bribes, enabling the agents and others to get a slice of the millions of dollars the athletes could eventually make in the NBA.

9:50 a.m.

Federal prosecutors have announced charges of fraud and corruption in college basketball, including against four coaches.

The coaches work at Oklahoma State, Auburn University, Arizona and the University of Southern California.

They were among 10 people charged in New York City federal court. Others included managers, financial advisers and representatives of a major international sportswear company. The details will be discussed at a news conference on Tuesday afternoon.

In court papers, prosecutors said the FBI has since 2015 been investigating the criminal influence of money on coaches and student-athletes who participate in intercollegiate basketball governed by the NCAA.

They said the probe has revealed numerous instances of bribes paid by athlete advisers, including financial advisers and associate basketball coaches, to assistant and associate basketball coaches to exert influence over student athletes.

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