MIAMI ( – A new report from is for the first time indicating that University of Miami staff knew of Ponzi schemer Nevin Shapiro and warned the players and coaches about him.

According to, former UM head coach Randy Shannon “threatened his coaching staff with firings if they ever dealt with Shapiro and warned his players about Shapiro multiple times in team meetings during his four-year coaching tenure.” reported that Shannon had “spies” in South Florida that “warned him that Shapiro was getting into problems throughout South Florida and was a booster that he needed to keep away from his players.”

If true, it blows a large hole in the University’s efforts to say they didn’t know exactly what Shapiro was doing. It also could pose large problems for former athletic director Kirby Hocutt.

According to the report, Hocutt had to fundraise from Shapiro while also dealing with Shapiro’s perceived lack of respect because Shannon wouldn’t speak to the convicted Ponzi schemer.

Former UM athletic director Paul Dee said earlier this week that Shapiro was “a very interested fan.” Dee said the former booster gave no indications that he was showering players with gifts and services, according to the Palm Beach Post.

Comments (3)
  1. joewinsler says:

    Miami knew nothing about it?? who was talking to shapiro about all this back in 2010?

  2. Kathy Garland says:

    Randy Shannon has always been a standup man and cared more about his players to become young mem of good character. The U should ensure the boosters abide by the rules. There is a distint difference between a legitimate booster and a groupie. I am sure The U will bounce back.

  3. Kyle says:

    What do you mean this blows a large hole in the University’s story? No! This CONFIRMS the University’s story that it kept Shapiro away from its players and didn’t know Shapiro was giving any extra benefits. It blows an enormous hole in Shapiro’s allegations that Jeff Stoutland and other coaches brought recruits around Shapiro and to Shapiro’s house. Really? They did that while Shannon was threatening their jobs? This man is a liar and a thief, why is it hard to believe that everything he say is nonsense?

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