This from your board Horn...pulled from BN..
Just got this from a Texas grad colleague who belongs to the Texas Rivals board (requires membership, otherwise I'd link it).
Usual grain of salt caveat, but it certainly wouldn't shock me. Here's the text of the post:
"Sometime before the Sugar Bowl someone gave him a duffel bag of cash in exchange for some LSU autographed stuff and game tickets. He spent the cash in New Orleans. Turns out it was all counterfeit. Feds picked him over the weekend and he is cooperating with them. Nothing is being released until later this week, but the Feds are now in Bama talking to a Bama booster who's car RP identified as being in BR when he was given the cash. The Bama booster had paid for dinner using a credit card in Birmingham in a hotel that Nick Saban was staying at 2 nights before the meeting with RP took place. The Feds plan to make an arrest in Mobile later this week and RP's involvement will come out at that time. Both LSU and Bama are being investigated as to what other players at LSU know about the deal, who else may have been involved, as well as the ties the Mobile guy has with both Bama and Nick Saban.
RP is currently in Birmingham with the Feds, and all announcements from them will come from there. LSU is waiting as long as it can to comment. Louisiana media have sworn to make no comment until after the feds make theirs. The NCAA is in Baton Rouge and there is talk about forfeiting the ND Sugar Bowl game despite Perriloux not playing.
Evidently Jimbo Fisher told a few people bits and pieces about what happened before he left town, and is part of the reason why he took the $215,000 pay cut to leave."