April 26, 2024 1:24 pm
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FBI arrests 4 NCAA basketball coaches and Adidas exec on fraud charges

Emanuel Richardson, assistant basketball coach, University of Arizona/Photographer: Ethan Miller/Getty Images

Arizona coach among those busted

The Federal Bureau of Investigation arrested 10 people Tuesday on charges of fraud and corruption in college basketball. Among the 10 people arrested— James Gatto, the director of global marketing for Adidas basketball.

According to authorities, Gatto conspired with coaches to pay high school athletes to play basketball at colleges Adidas sponsors.

Related: Arizona Wildcats Basketball: Assistant coach Book Richardson arrested in corruption probe

“Today, we became aware that federal investigators arrested an Adidas employee,” Adidas said in a statement. “We are learning more about the situation. We’re unaware of any misconduct and will fully cooperate with authorities to understand more.”

Basketball coaches from the University of Arizona, Auburn, University of Southern California, and Oklahoma State University were arrested along with managers and financial advisors, the Department of Justice announced. The FBI has been investigating allegations of fraud and corruption since 2015.

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