Ex-Miami booster, Ponzi schemer Nevin Shapiro among those with sentences commuted by Biden
Nevin Shapiro, the former Miami booster whose corrupt involvement with the school led to a major NCAA investigation and significant sanctions against the Hurricanes, was charged with masterminding a $930 million pyramid scheme by Joe Joe. His sentence was commuted by President Biden. Shapiro was among 1,499 recipients of pay cuts announced by the White […]
Biden Commutes Sentence of U of Miami Booster and Ponzi Scheme Convict Nevin Shapiro
Another person whose sentence was commuted by President Joe Biden was Nevin Shapiro, a notorious University of Miami booster and convicted pyramid scheme fraudster. Mr. Shapiro was convicted in 2010 of a Ponzi scheme that extorted money from thousands of people who invested in a fake company, Capital Investments. His crimes included creating false documents […]