1951 college basketball point-shaving scandal

In 1951, allegations of point-shaving and match fixing in college basketball revealed widespread bribery and corruption involving major colleges and universities in and around New York City, particularly at Madison Square Garden. While the public scandal officially involved at least seven American colleges and universities (with one university having a player retroactively participating in the event during this time after initially being missed during the original investigation period), the scandal has been most closely associated with the 1949–50 CCNY Beavers, which won both the 1950 NCAA basketball tournament and 1950 National Invitation Tournament and had a number of players implicated in point shaving and match fixing.

Source: Wikipedia — 1951 college basketball point-shaving scandal (CC BY-SA 4.0)