International Boxing Federation

Despite achieving an appearance of legitimacy, subsequent to a three-year investigation started by 1996 charges levied by former heavyweight champion Michael Moorer; IBF's reputation was ruined in 1999 with founder Lee's indictment for racketeering and other violations for taking bribes in exchange for high boxer rankings. Indicted on federal racketeering and racketeering conspiracy charges were "president, Robert W. Lee, 65; his son and IBF liaison, Robert Lee Jr., 38; former IBF executive and Virginia boxing commissioner Donald William Brennan, 86; and South American IBF representative Francisco Fernandez."[3] Lee was subsequently convicted of money-laundering and tax evasion in August 2000, then sentenced, in 2001, to 22 months in prison and fined $25,000.[4]

In 2000, citing extortion, boxing promoter Bob Arum voluntarily testified to having paid IBF president Bobby Lee $100,000 in two installments in 1995, as the first half of a $200,000 bribe, through "middleman, Stanley Hoffman", adding that Lee had first demanded $500,000 to approve the Schulz-Foreman fight, but had settled for the lesser amount of $200,000 (half of which was never paid).[5] Arum was sanctioned and fined $125,000 by the Nevada State Athletic Commission. Boxing promoters Cedric Kushner and Dino Duva also admitted to making similar payments to Lee.[6]

"A culture of corruption has festered in the IBF virtually since its inception... IBF ratings were not earned – they were bought... The crimes have bastardized the ratings in most of the weight classes."
— Adam Miller quoting Assistant U.S. Attorney Robert Cleary, "FEDS BID TO KO BOXING BIGS WITH ‘BRIBE’ RAP", New York Post, November 5, 1999

The IBF was under federal observation from Lee's conviction through September 2004. Former Michigan Boxing Commissioner, WBA vice-president, boxing safety advocate and IBF interim president Hiawatha Knight (October 22, 1929 – October 22, 2014) became president following Lee's conviction, and was the first woman president of any world governing boxing organization. In 2001, Marian Muhammad assumed the presidency, followed by Daryl J. Peoples, who remained president as of 2018.

The IBF ran the "1st Annual Convention of IBF Muaythai" in Bangkok on 20–21 December 2017.[7] Daryl Peoples, IBF president, attended the convention. The new champions of IBF Muay Thai were crowned in three weight divisions.