▁in ▁the ▁same ▁division . ▁During ▁its ▁first ▁year ▁of ▁existence , ▁however , ▁the ▁IB F ▁remained ▁largely ▁obsc ure . ▁ ▁But ▁by ▁ 1 9 8 4 , ▁the ▁IB F ▁decided ▁to ▁recognize ▁Larry ▁Hol mes , ▁A aron ▁P ry or , ▁Mar vin ▁H ag ler ▁and ▁Donald ▁Cur ry , ▁already ▁established ▁champions ▁from ▁other ▁organizations , ▁as ▁IB F ▁world ▁champions . ▁ ▁In ▁Hol mes ' ▁case , ▁he ▁rel in qu ished ▁his ▁W BC ▁title ▁to ▁accept ▁the ▁IB F ' s ▁recognition . ▁It ▁established ▁the ▁IB F ▁as ▁the ▁third ▁san ction ing ▁body , ▁and ▁a ▁legit imate ▁organization . ▁▁ 2 0 th - century ▁b ri ber y ▁sc andal ▁Despite ▁ach ieving ▁an ▁appearance ▁of ▁legit im acy , ▁subsequent ▁to ▁a ▁three - year ▁investigation ▁started ▁by ▁ 1 9 9 6 ▁charges ▁lev ied ▁by ▁former ▁heavy weight ▁champion ▁Michael ▁Mo orer ; ▁IB F ' s ▁reputation ▁was ▁ru ined ▁ 1 9 9 9 ▁with ▁founder ▁Lee ' s ▁ind ict ment ▁for ▁ra ck ete ering ▁and ▁other ▁viol ations ▁for ▁taking ▁b rib es ▁in ▁exchange ▁for ▁high ▁box er ▁rank ings . ▁Ind icted ▁on ▁federal ▁ra ck ete ering ▁and ▁ra ck ete ering ▁consp i racy ▁charges ▁were ▁" pres ident , ▁Robert ▁W . ▁Lee , ▁ 6 5 ; ▁his ▁son ▁and ▁IB F ▁l ia ison , ▁Robert ▁Lee ▁Jr ., ▁ 3 8