A federal grand jury in Chicago will...
A federal grand jury in Chicago will consider whether to indict student athletes, as well as sports agents, for defrauding their colleges by signing contracts before their college eligibility had expired, The Atlanta Constitution reported.
Wire and mail fraud charges also could apply to the athletes, and unidentified sources quoted by The Constitution said the Internal Revenue Service is conducting its own investigation.
The investigation is into the business affairs of New York agents Norby Walters and Lloyd Bloom.
The Constitution said 50 to 60 athletes who have had dealings with Walters’ agency have been subpoenaed to testify in Chicago.
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