Oklahoma State University announced Tuesday afternoon that it has suspended associate head's basketball coach Lamont Evans in the wake of him being charged in a federal investigation of fraud and corruption.

"Based on the serious and troubling allegations in the complaint, Oklahoma State University has suspended assistant coach Lamont Evans," the statement reads. "We are cooperating with federal officials. We have been in contact with the NCAA and will provide additional information as it becomes available. OSU takes seriously the high standards of conduct expected in our athletic department and does not tolerate any deviation from those standards."

Other college coaches charged include Auburn assistant Chuck Person, Emanuel Richardson of Arizona and USC assistant Tony Bland - Auburn announced Person has been suspended, and USC is bringing in former FBI Director Louis J. Freeh to conduct an internal investigation. Managers, financial advisers and representatives of major international sports companies have also been charged.

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