Adidas executive Jim Gatto gets 9 months in prison for trying to lure athletes to University of Louisville and University of Kansas with illegal payments
A former Adidas AG executive was sentenced to nine months in federal prison Tuesday for his role in a scheme to bribe the families of top-ranked high-school basketball players to induce them to attend Adidas-sponsored universities, following a trial that detailed the corrupting role of money in college athletics.
Jim Gatto, who served as Adidas’s director of global sports marketing for basketball, was convicted in Manhattan federal court in October on three counts: wire fraud and wire-fraud conspiracy in connection with the...
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