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Detroit-area man guilty in Toledo sports probe

Updated: February 4, 2013, 8:20 PM ET
Associated Press

DETROIT -- A Detroit-area businessman has pleaded guilty to conspiracy in a point-shaving investigation involving football and basketball at the University of Toledo in 2004-06.

Mitchell "Ed" Karam also pleaded guilty to conspiring to fix horse races at Tampa Bay Downs in Florida and Delaware Downs in Delaware in 2005 and 2006. His guilty plea also covers a fraud charge in a separate real estate investigation.

Karam's plea Monday in Detroit federal court comes nearly four years after ...

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