AG's office raids Lobo Club
December 05, 2018 04:18 PM
ALBUQUERQUE, N.M. - The state attorney general's office has seized documents from the University of New Mexico Lobo Club.
The Lobo Club raises money for student-athlete scholarships, facilities and programs.
According to the search warrant, the raid is connected to the ongoing investigation into former UNM athletic director Paul Krebs and questionable spending.
The search warrant reveals agents were searching for bank statements, dating back eight years, records of donors and finance committee board minutes.
The attorney general’s office released a statement that said, “We are continuing our highly active investigation into financial transactions at UNM.”
The warrant references a 2015 golf trip to Scotland for donors. It also states the UNM Lobo Club paid the $50,000 deposit.
The warrant states, "It is unknown why an entity whose purpose is to pay for student/athlete scholarships would pay the deposit for the Scotland golf tour."
The warrant also mentions suites at The Pit, in which donors owed debts on.
It states, "Mr. Krebs did receive a 'handful' of tickets that he would deliver personally, at his own discretion, even though some of the tickets were delivered to suite holders that were delinquent with their Pit suite payments… with the expectation that the owners would not withhold larger donation…”
The Lobo Club sent KOB 4 a statement in response to the search warrant.
It says, “The Lobo Club is not the subject of the investigation but is fully cooperating by providing materials requested by the attorney general that would be helpful to their efforts."
So far, no one has been charged with a crime.
Updated: December 05, 2018 04:18 PM
Created: December 05, 2018 01:19 PM
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