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Ex-Coach Extorts U of L, Gets Probation
A North Carolina man has been sentenced to probation and a $10,000 fine for attempting to extort money from the University of Louisville. Dino Gaudio, 64, of Mooresville, North Carolina, made the threat after being informed that his employment contract as an assistant men’s basketball coach would not be renewed.
According to court documents, Gaudio threatened to report to the media that the University of Louisville men’s basketball program had allegedly violated National College Athletic Association rules in its production of recruiting videos for prospective student-athletes and in its use of graduate assistants in practices. The threat was made unless he was paid his salary of $25,000 a month for an additional 17 months, or received a lump sum payment of $425,000.
Gaudio took his threat further by sending a text message to University of Louisville personnel containing one of the recruiting videos he was threatening to send to the media. The FBI and the University of Louisville Police Department investigated the case.
Acting U.S. Attorney Michael A. Bennett of the Western District of Kentucky made the announcement, stating that justice has been served. Assistant U.S. Attorney Amanda E. Gregory prosecuted the case.
While Gaudio avoided a lengthy prison sentence, the consequences of his actions will still be felt. The University of Louisville men’s basketball program will continue to operate under scrutiny, as the NCAA investigates the allegations made by Gaudio.
The case serves as a reminder that attempting to extort money from an institution can have severe consequences. Gaudio’s sentencing should serve as a warning to those who would engage in similar behavior.
The outcome of this case highlights the importance of law enforcement and the judicial system working together to bring justice to those who attempt to manipulate and deceive.
Key Facts
- State: Kentucky
- Category: White Collar Crime|Public Corruption|Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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