Former USA Swimming CFO Cory Hilliard Admitted to Embezzlement 4 Months Earlier than Beginning At USA Swimming

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.

News broke in August that Hilliard had been arrested on costs that he misappropriated $9,510.50 for private use whereas he was serving because the designated administrator of the University’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 college’s sponsorship with Nike, and ranged between $621 and $625 from 2022-2025.

USA Today reports that because the administrator, he was in a position to alter 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 Department of Internal Audit of “concerns regarding possible 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 stated did it to buy Christmas presents for the workers. The audit workers pushed him and informed HIlliard that the orders gave the impression to be principally males’s pants and shirts in the identical sizes, which is when he admitted he had bought them for himself.

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

USA Swimming informed USA Today, “USA Swimming engaged an independent search firm and conducted its own due diligence, including speaking directly with CU Athletics. The information now being raised was not disclosed to USA Swimming during that process.”

Hilliard was employed the identical 12 months because the Chrissi Rawak state of affairs, which noticed Rawak introduced as CEO earlier than withdrawing from the place lower than 10 days when a SafeSport grievance was filed towards her.

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