Former USA Swimming CFO Cory Hilliard reportedly admitted in July of 2025 that he misused college funds. He was employed by USA swimming simply over 4 months later in December of 2025.

Information broke in August that Hilliard had been arrested on expenses that he misappropriated $9,510.50 for private use whereas he was serving because the designated administrator of the College’s Nike Elite program. This program was answerable for offering athletic division workers with cash to purchase Nike merchandise.

In an audit carried out by the college, it was reported that every full-time athletics division worker is allotted a sure sum of money per the varsity’s sponsorship with Nike, and ranged between $621 and $625 from 2022-2025.

USA As we speak stories that because the administrator, he was capable of regulate his allocation for the Nike Elite account at any time, and he reportedly overspent his allotment yearly from 2022-2025, and by $6,011 in 2025.

In July of 2025, Athletic Director Rick George notified the college’s Division of Inside Audit of “considerations concerning doable fiscal misconduct” by Hilliard.

On July 30, 2025, Hilliard reportedly informed the college’s audit division “I did it. I admit it.” He initially admitted that he had overspent, however mentioned did it to buy Christmas presents for the workers. The audit workers pushed him and informed HIlliard that the orders seemed to be principally males’s pants and shirts in the identical sizes, which is when he admitted he had bought them for himself.

Simply over 4 months later, Hilliard was employed as Chief Monetary Officer, the primary main rent by CEO Kevin Ring.

USA Swimming informed USA As we speak, “USA Swimming engaged an unbiased search agency and carried out its personal due diligence, together with talking straight with CU Athletics. The data now being raised was not disclosed to USA Swimming throughout that course of.”

Hilliard was employed the identical 12 months because the Chrissi Rawak scenario, which noticed Rawak introduced as CEO earlier than withdrawing from the place lower than 10 days when a SafeSport criticism was filed in opposition to her.

In August, Hilliard was arrested and charged with Theft, Embezzlement of Public Property, and First Diploma Official Misconduct. He resigned from his place the next day.