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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.
"Nevin Shapiro: Major League Fraud" February 8, 2012 ( 2012-02-08 ) Nevin Shapiro , a University of Miami Football booster and fixture on the Miami social scene, orchestrates a $900 million Ponzi scheme.
A federal grand jury has indicted a South Florida man on charges he allegedly scammed investors out of $880 million in a Ponzi scheme with promises of profits from a fake wholesale grocery business.
Rapper Uncle Luke of 2 Live Crew in May 2017 Nevin Shapiro (left) in August 2020. The University of Miami and its football team were the subject of a number of past scandals. In May 1994, The Miami Herald reported that 2 Live Crew member Uncle Luke and several NFL players had offered a pay-to-play scheme from 1986 through 1992, giving cash rewards to University Miami players for acts such as ...
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Sheppard lost roughly $2 million, including $1.3 million in investments with Shapiro’s business and an additional $700,000 in a settlement with the bankruptcy trustee tasked with recouping funds ...