I was amazed to hear that CCNY has won both the NCAA and NIT championships way back when...
Yup.
NYU and LIU were also national powers back then..
And then so many of the players for those 3 teams - and 5 others, including Kentucky and Bradley - got caught point shaving and throwing games, for a huge national scandal. Many of the players got introduced and tied into mob fixers while working in the Catskills over Summers. See this link to a Wikipedia entry on the scandals:
https://en.wikipedia.org/wiki/CCNY_point_shaving_scandal
Several interesting stories about this scandal:
1) CCNY was SO good, and had THREE national stars shaving points, that they did not throw games, but instead shaved points, and still won the games ... a number of games CCNY was favored by 10 points or less, but they shaved points and still won.
2) Adolf Rupp, the Kentucky coach, was his usual bigoted self, and loudly criticized the players who got caught initially by directly implying that they acted because they were Jews or blacks (a number of key players caught were Jewish or black ... CCNY's starting line up in 1949-50 had 3 Jewish and 2 black players starting) ... he stated something like, "My boys are good boys, and would never cheat or bet or be caught up with that crowd, unlike those types of boys in the big city." By the way, Rupp also stated once that "kikes" or "blacks" would never play for his team. Of course, one of HIS star players, Beard, DID take gambler's money in 1948 or 1949 it turns out, and was arrested with many of the other players caught in 1951. By the way, CCNY beat Kentucky 89-50 in the 2nd round of the 12-team NIT tourney (which was more pre-eminent then than the NCAA tourney) - after the Kentucky players refused to shake hands with the CCNY "jews and blacks." According to the stories, one of the Kentucky players (Layne) told one of the black CCNY players he would be back picking cotton in the morning.
3) NYU, which was great in the 1940's, actually became great again in the late 1950's and 1960 ... before having players caught in yet another betting scandal ... the 1961 college betting scandal was even bigger: 37 players from 22 schools (versus 32 players from 7 or 8 schools in the 1951 scandal).