the coven had their arms everywhere…
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Federal prosecutors have launched an investigation into USA Swimming, alleging that the organization covered up and discredited sexual abuse claims, concealed assets and improperly received hundreds of thousands of dollars in rebates from its insurance company, according to the Wall Street Journal.
The investigation, which is being led by the U.S. Attorney’s Office in Manhattan and the FBI, is “particularly interested” in the money trail between USA Swimming and its now defunct insurance company.
The insurance company, investigators believe, was used as a possible avenue for self-dealing and misstatements in tax filings. Per the report, investigators believe the organization moved money to its philanthropic foundation to conceal its assets. The foundation had just under $5 million in 2008, and then $18.3 million in 2017. Five million was transferred to it in 2011.
They are also investigating whether athletes felt pressured to perform sex acts on coaches in exchange for competition spots. USA Swimming has not yet been contacted by federal authorities regarding the investigation.
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