Nevin Shapiro, a convicted Ponzi schemer whose entanglement with the University of Miami blemished the institution’s reputation and dragged its football team into scandal and NCAA sanctions, was granted clemency by President Joe Biden this week as part of a sweeping list of commutations. Shapiro, convicted in 2010 on federal charges of securities fraud and money laundering in New Jersey after overseeing a $930 million Ponzi scheme, was sentenced in 2011 to 20 years in prison.

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BING NEWS:
  • Biden commutes sentence for ex-UM booster and $930M Ponzi schemer Nevin Shapiro
    President Joe Biden has commuted the prison sentence of former University of Miami booster and $930 million Ponzi schemer Nevin Shapiro.
    12/13/2024 - 10:16 am | View Link
  • Biden grants clemency to infamous UM booster and Ponzi schemer Nevin Shapiro
    Nevin Shapiro, a convicted Ponzi schemer whose entanglement with the University of Miami blemished the institution’s reputation and dragged its football team into scandal and NCAA sanctions, was ...
    12/13/2024 - 10:13 am | View Link
  • Biden grants clemency to Miami’s Nevin Shapiro, convicted over Ponzi scheme
    Nevin Shapiro, a convicted Ponzi schemer whose entanglement with the University of Miami blemished the institution’s reputation and dragged its football team into scandal and NCAA sanctions, was ...
    12/13/2024 - 9:11 am | View Link
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