Pitino's accuser guilty of extortion

NCAA Basketball Betting Lines

08/05/2010 - Louisville, KY (Sportsbook Betting Lines) - Karen Sypher was reportedly convicted of extorting money from Louisville basketball coach Rick Pitino by a federal grand jury on Thursday.

According to the Louisville Courier-Journal, the 12-person jury deliberated the trial over two days and found Sypher guilty of three counts of extortion, two counts of lying to the FBI and one count of retaliating against a witness, a verdict that could entail 26 years in prison.

Sypher went to police after her and Pitino had a sexual encounter in 2003 and accused the married father-of-five of rape on two occasions. Prosecutors declined to pursue the case due to a lack of evidence.

Pitino then received demands of millions of dollars in cash and gifts from Sypher in exchange for her keeping their encounter a secret.

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