Federal authorities brought fraud charges against an Adidas executive and coaches at some of the premier college-basketball programs in the U.S. as part of a wide-ranging corruption probe that has ensnared schools including the University of Arizona and the University of Louisville. Prosecutors from the Manhattan U.S. Attorney’s Office unsealed three criminal complaints Tuesday, alleging schemes in which agents, financial advisers...

Source: Wall Street Journal September 26, 2017 13:09 UTC