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A federal grand jury has indicted two Detroit businessmen and six former University of Toledo athletes on charges of point-shaving and related offenses, The Toledo Blade reported. The incidents involved both football and basketball games, and the point-shaving is alleged to have been motivated by gambling. Lloyd Jacobs, president of the university, noted in a letter to students and faculty members that many reforms have been instituted to the athletics program. "Let me say from the beginning that we take this matter seriously, however we also consider it past history," he said. "We will continue to cooperate fully with all law enforcement agencies. Working together, it is my hope that this matter can be resolved quickly and justly for all parties involved.”
