forums

Federal Tax Agents

Status
Not open for further replies.
HurricaneAce07 said:
I would be shocked if there is any real evidence of top college coaches/staffs explicitly suggesting boosters bribe a recruit or his family. As I've mentioned in previous threads, the "bags" have gotten much more sophisticated over the years - we're rarely talking about hard monetary exchanges these days; bags are now leased cars, non-profit jobs and sibling scholarship offers.

The Feds + IRS are going to have to prove either money laundering and/or tax evasion took place in order to go after the boosters. I just don't see how they can do that with the way the laws are currently written and the way the boosters are handling these transactions. The Alabama car situation is the most tangible example of these - unethical? Yes. Illegal per NCAA or federal laws? Not really.
Click to expand...

The problem with that is gonna be, a “he said, she said,” from a booster isnt gonna take down a football power. The NCAA is gonna laugh at that. It might get other people jammed up, and cost some kids eligibility, but coaches and programs will skate in the eyes of the NCAA until they have physical, undeniable evidence. Ultimately what everybody is hoping for is the NCAA having to put these schools under probation. Arresting “rogue boosters” only does much in the grand scheme of it all
 
Advertisement
7F8A0679-81D9-404C-A348-BD2FF53AC3A4.gif
 
NC_Canes_11 said:
You have to believe there is some tangible evidence. Tunsil can’t be the only one who sent texts asking for money. If not just put the screws to one of these handlers. They don’t have anybody’s interests but themselves in mind. The kid no longer has any value to them, they’ll flip in a heartbeat.
Click to expand...

I am sure u of South Carolina is going to get a look also. They have been dropping medium sized bags for a while now.

Go Canes
 
Last edited:
Advertisement
NC_Canes_11 said:
The problem with that is gonna be, a “he said, she said,” from a booster isnt gonna take down a football power. The NCAA is gonna laugh at that. It might get other people jammed up, and cost some kids eligibility, but coaches and programs will skate in the eyes of the NCAA until they have physical, undeniable evidence. Ultimately what everybody is hoping for is the NCAA having to put these schools under probation. Arresting “rogue boosters” only does much in the grand scheme of it all
Click to expand...
You're missing the ENTIRE point. Nobody here is talking about the NCAA or what the NCAA would or would not do. IRS and FEDs don't know NCAA and don't care about NCAA rules. Unreported illegal large money changing hands is the FED's business.
 
Feds can take away their tax exemption and that should have the entire NCAA a little worried that a 20 basketball and football programs are going to bring down the entire system.

That might make something happen. Probably the only thing that would make real chance happen.
 
Advertisement
g8rh8rMD said:
Who are the wrong people and who are the right people to get hurt in this? To my mind, anyone that has been taking illicit payments, not reporting the income, cheating the system, and talking about "I will always bleed Orange and Green, but I gotta take care of my family" is a problem. Even more so, anyone steering a kid to make decisions about their future based on what is best at the moment for some adult and not the best long-term interests of the individual student-athlete deserves to pay a price.

Institutionalized cheating and corruption does not have innocent participants, no matter the socioeconomic background they may come from. Obviously, it's easy to understand the temptation and the difficulty these kids come from, but the families and others around them need to stop being excused for considering their son or nephew or cousin or player as a winning lottery ticket.

What I hope for, is that South Florida's elite HS athletes will stop making the most important decisions of their lives based on a quick up front payment that really doesn't benefit them, rather than choosing a school for how it will develop and market their talents and for how it will prepare them for adulthood. Cleaning up the sleazy bag game and system of corrupt HS coaches and runners in SoFla, or even just exposing it to the light of day, can only help.

Even if that means that a few poor moms and dads who sold their child's future for a bag of cash have to pay a price.

I'm sorry, but I'm not crying for Benedict Arnold.
Click to expand...

Post of the day.

Rock on!
 
Captain Uberpants said:
All they really have to do is nail 1-2 bagmen and hammer them into poverty and Most of the others will cease operations immediately
Click to expand...
These guys are like drug dealers, always thinking they'll be better than the guy before them and will retire from the game unscathed creating the continuation. God knows I hope you're right though.
 
Advertisement
I can never understand threads like these or the UF/FSU-centric (tears), etc.

What does this (thread) or those other threads have to do with Miami ONLY winning the Coastal once since joining the ACC? Yet these type of threads garner thousands and thousands of posts. It’s just a whiners convention.

Anyway, excuse-makers united, carry on.
 
Tetragrammaton Cane said:
I can never understand threads like these or the UF/FSU-centric (tears), etc.

What does this (thread) or those other threads have to do with Miami ONLY winning the Coastal once since joining the ACC? Yet these type of threads garner thousands and thousands of posts. It’s just a whiners convention.

Anyway, excuse-makers united, carry on.
Click to expand...

BOOOOO THIS MAN!!!!!
 
DTP said:
It doesn't take special circumstances to get audited by the IRS. A lot of these large payments are way too big to be easily hidden or laundered. It's a simple matter of putting the screws to a couple families who weren't smart enough to cover their tracks. Tell us where you got the money and we'll drop these very serious federal charges.
[/QUOTE
Someone spoke of cars, jobs and the like being almost impossible to connect as bag form. Like you said here, squeeze accurately and sufficiently and they WILL pop. Same if they ask who's paying for the car, house or who hired said person for this job? If the feds are sufficiently interested they can take em all down.
Click to expand...
 
Advertisement
Mikesmith29150 said:
How do they take down drug operations. It's very simple, a **** SNITCH. Same applies here. The families are going to tell one thr boosters plus the feds already have a few boosters that they already flipped for whatever reason
Click to expand...

"Flipped"
Oh the irony.
 
Southcane said:
You're missing the ENTIRE point. Nobody here is talking about the NCAA or what the NCAA would or would not do. IRS and FEDs don't know NCAA and don't care about NCAA rules. Unreported illegal large money changing hands is the FED's business.
Click to expand...
And if the boosters and street agents start getting arrested and doing time the pull of that $$$ being gone would help level the recruiting playing field across the board.
 
Status
Not open for further replies.
Advertisement
Back
Top