MIAMI — Former University of South Carolina president
James Holderman was sentenced Monday to three years in prison for
scheming with an undercover officer to get visas under false names
and to launder drug money.
After completing his sentence, Holderman, 68, of Charleston, will
face three years of probation and will have to do community
service.
Defense attorney Neil Nameroff said he would appeal the
conviction and the sentence. U.S. District Judge Paul Huck denied a
request that Holderman be freed while the appeal is pending, sending
Holderman directly to prison.
Holderman, who has been diagnosed with bipolar disorder, had no
visible reaction when the sentence was announced.
“For me, time is pretty precious,” he told the judge before being
sentenced. “I’ve been told many times that I’m bipolar, a manic
depressive. ... I’m slipping daily in my short-term memory.”
Holderman was convicted in September on all four counts facing
him: conspiracy to launder money, attempted laundry of money,
conspiracy to sell false immigration documents and offering to sell
false immigration documents. He faced a maximum sentence of seven
years, three months.
Holderman claimed the FBI lured him into crimes he never intended
to commit while desperate for money to treat his mental illness.
In the FBI sting, Holderman brought a protege, former USC student
and Dallas college administrator Rafael Diaz Cabral, into dealings
with the officer, who was posing as a drug-dealing Russian mobster.
Diaz testified against Holderman in exchange for a 14-month
sentence.
Prosecutors said Holderman and Diaz agreed to accept $250,000 in
drug profits for the purchase of a casino license from Diaz’s father
in the Dominican Republic.
Holderman testified he took $30,000 from Miami Beach police
Detective Sgt. Peter Smolyanski as part of his own “charade” to get
mental health treatment.
Smolyanski told the pair that, in exchange, he wanted U.S. visas
for himself and up to 200 associates and $500,000 to $1 million a
month in clean profits from his crimes.
Diaz testified he agreed to allow the associates to pose as
students so they could apply for student visas to enter the
country.
Holderman, who was named president of USC in 1977, brought Pope
John Paul II and President Ronald Reagan to the university during
his 13-year tenure.
His time in office ended in 1990 after public criticism of his
extravagant spending practices.
After leaving the university, Holderman had a number of personal
and legal problems:
• In 1990 he was diagnosed with
bipolar disorder.
• Holderman pleaded guilty to
receiving $25,000 in extra compensation and plead no contest to
state income tax evasion in May 1991. He was sentenced to five years
of probation and 500 hours of community service.
• In December 1991, the USC board
of trustees stripped Holderman of the ceremonial “distinguished
president emeritus” title it had given him a year before.
• In September 1996, Holderman was
sentenced to 10˝ months in federal prison on perjury charges
stemming from a bankruptcy
case.