USA Swimming CFO Cory Hilliard placed on leave after arrest for embezzlement
Yahoo Sports • 1 min read • Latest: Aug 10, 2026, 7:37 PM
Last updated Aug 10, 2026
Cory Hilliard, CFO of USA Swimming, was arrested in Colorado on August 10, 2026, for charges of theft, embezzlement, and official misconduct stemming from his time at the University of Colorado. Hilliard is accused of misusing over $9,500 in funds related to the CU Nike Elite program between 2021 and 2025. The allegations came to light after an internal audit investigation triggered by CU athletic director Rick George in July 2025. Following the arrest, Hilliard has been placed on leave as USA Swimming gathers more information regarding the case.
- •Cory Hilliard arrested for theft and embezzlement on August 10, 2026.
- •Allegations date back to Hilliard's role at the University of Colorado.
- •He is accused of diverting $9,510.50 in university funds.
- •Hilliard was hired by USA Swimming as CFO in December 2025.
- •USA Swimming is currently investigating the circumstances surrounding Hilliard's arrest.
- 7:37 PMYahoo Sports — USA Swimming CFO Cory Hilliard placed on leave after arrest for alleged theft, embezzlement while employed at University of Colorado
"Hilliard, who was hired by USA Swimming in December,
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