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Nevin Karey Shapiro (born April 13, 1969) is a convicted felon who received a 20-year prison sentence for orchestrating a $930 million Ponzi scheme. According to interviews, he allegedly engaged in rampant violations of NCAA rules over eight years as a booster for University of Miami athletes.
The man at the center of it all was Nevin Shapiro, who played a role in securing the talent from some of the toughest and most impoverished neighborhoods in South Florida.
Convicted Ponzi schemer and former Miami Hurricanes booster Nevin Shapiro was transferred from federal prison into home confinement on Thursday, where he will continue to serve out the remainder...
Rogue University of Miami athletics booster and convicted Ponzi schemer Nevin Shapiro is out of federal prison, seven years earlier than expected and now in home confinement.
Former University of Miami athletics booster and convicted Ponzi schemer Nevin Shapiro was released from federal prison last Thursday and transferred to home confinement, where he will be...
UM's self-imposed bowl bans helped its case as the NCAA ruled Tuesday that the football team will lose nine scholarships over three years but not receive a bowl ban stemming from the Nevin...
Much of the 2011 University of Miami athletics scandal involved acts by Nevin Shapiro, a University of Miami booster and fan. Some time between 1999 and 2003, under cover of a grocery business called Capitol Investments USA, Shapiro operated a $930 million Ponzi scheme, which eventually collapsed in November 2009. [4]
Forty-two-year-old Shaprio's rise to lavishness and eventual downfall was chronicled in a New Times feature back in December. Shapiro told his victims that his company, Capitol Investments USA...
Nevin Shapiro, a 42-year-old Miami Beach resident, was sentenced by U.S. District Judge Susan Wigenton in the federal court in Newark, New Jersey. The judge also sentenced him to...
CORAL GABLES, Fla. (AP) — For the University of Miami, probation is ending. Very little else will change. Miami’s three-year NCAA probation largely stemming from the actions of rogue and now-former booster Nevin Shapiro gets completed on Friday.