Nothing will come of this. Miami and the NCAA have been working together on these allegations for a year now. Also, Paul Dee is the head of the NCAA infractions committee. Paul Dee was the AD at Miami at the time these supposed allegations happened.
What we have here is a butthurt, lying, con artist desperate for attention and money to pay off his massive bills. The guy swindled investors out 1 billion dollars. He's serving 20 years in a federal prison for it. He has no credibility. He's trying to sell a tell all book to help pay for the massive amount of money he owes. Nobody is interested in publishing the book, and if someone did, it would backfire on Shapiro in the form of defamation lawsuits. He claims he has evidence, but I'm not sure how any of the things he claims as evidence, are really evidence. Anybody can take a receipt of something they bought and claimed they gave it to someone. About the only evidence I imagine he'll have is players taking a ride on his yacht, or attending one his many parties.
Not only is the guy willing to lie for personal gain, he's doing it for revenge. The guy wanted to be somebody within the Miami football program. However, nobody wanted anything to do with the guy. Randy Shannon ran him off. I'd say it's a given that some players took some benefits, but it was minor stuff like yacht rides, parties, free meals, free suits. This also happened behind the schools back, and the coaching staff told this guy to stay away. It's not just the athletic program that Shapiro is butthurt about either, it's the whole university. He had a lounge named in his honor, they stripped his name from it after his conviction. They took all the money he donated and gave back to the people he stole it from. They completely turned their back on him.
To sum it all up, all of these allegations are about 90% lie, 10% truth based on a felon with a 20 year sentence trying to get money, attention, and a shortened prison sentence. Miami will get hit with a slap on the wrist, if anything at all. Not just because of the allegations and the guy doing the accusing, but because this doesn't involve any staff of the Miami Hurricanes, and our full cooperation with the NCAA for a year now. Our ties to Paul Dee can't hurt either.