An anonymous whistleblower complaint on the SMART (Scholarship Management and Account Reporting for Tenpins) program to the U.S. Securities and Exchange Commission has the potential to imperil USBC if federal authorities act on it, according to a tax professional who examined the complaint.
The complaint, which is attached to this story as a PDF, was brought to the attention of 11thFrame.com by multiple sources who didn&rsquo;t want to be identified because of their positions in the bowling...

The complaint calls it “A ‘SMART’ scheme” and describes it as “A case of the United States Bowling Congress and SMART Bowling Scholarship Funding Corporation’s willful intent to swindle youth bowlers’ entitled prize funds for their own benefit.”

SMART complaint to SEC could imperil USBC if feds act, tax professional says