The New Mexico Attorney General’s Office has seized the credit card records of former UNM Athletic Director Paul Krebs in search of evidence of money laundering, fraud and embezzlement. The news was first reported by Jessica Dyer of the Albuquerque Journal.
This is part of an ongoing investigation into finances at UNM that was started by Attorney General Hector Balderas last year.
The search warrant, a copy of which has been obtained by the Daily Lobo, was served in an attempt to confirm that a $25,000 dollar payment that was made to the UNM Foundation in May was made by Krebs himself and not an anonymous donor, as Krebs announced at the time of the donation.