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Friday, April 24, 2009

BREAKING NEWS: I Spoke Too Soon, As The FEDS Have "CYPHERED" Out This One And Charged Karen Sypher With Trying To Extort $Millions From Rick Pitino.

Follow this link to read the criminal complaint, or this link Karen Sypher charged with extortion of Louisville coach Rick Pitino to read more, or go here, or check out the excerpts below:

Six days after the disclosure that University of Louisville men’s basketball coach Rick Pitino was the target of an extortion attempt, a Louisville woman was charged today with extortion and lying to the FBI.

According to a criminal complaint filed in U.S District Court, Karen Sypher, with the help of unnamed others, tried to extort money from Pitino with threats to harm his reputation in connection with events that occurred in 2003.
The complaint, filed by FBI agent Steven J. Wight, said she lied to the FBI when she told investigators that she didn’t know the identity of the person who was making threatening phone calls to Pitino.

According to an affidavit by Wight, Pitino told investigators that he received three voice-mail messages in late February threatening to go public with criminal allegations against him.

Pitino said that after receiving the first two messages he met with Sypher and her husband, Tim, according to the affidavit, and asked what she wanted.

According to the affidavit, they discussed the possibility of a house, cars and money. The affidavit goes on to say that Tim Sypher delivered to Pitino on March 6 a written list of demands from Karen Sypher calling for college tuition for her children, two cars of her choice, a house paid off, $3,000 cash per month and a lump-sum payment of $75,000 if Pitino leaves U of L.

According to the affidavit, the note says, “If all is accepted, I will protect Rick Pitino’s name for life.”

The affidavit said she later withdrew her demands and through an attorney requested $10 million from Pitino.


The university disclosed last Saturday that Pitino had asked the FBI to investigate.

Pitino gave no specifics on the actions he claims are being taken against him, but said in the statement, “I intend to vigorously defend my reputation and the character of my family against any criminal scheme to extort money.”

Editor's comment: Don't you wonder why Rick Pitino met with her, and why her husband was the courier service for the extortion attempts, if there was no truth to her allegations, notwithstanding the crime of extortion?

Also, contrary to popular speculation, the FBI agent, in his affidavit, suggests the interaction between Rick Pitino AND A WOMAN were criminal in nature.

So the extortion does not involve Tim Sypher, Karen Sypher's estranged husband, as has been speculated.

In fact, if you keep reading the criminal complaint, you'll find out that it concerns an encounter Rick Pitino had with Karen Sypher in 2003, BEFORE SHE MARRIED HER PRESENT HUSBAND!

While we are at it, did you notice the involvement of her previous Attorney in the extortion attempts?

Oh my!!

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