So, they're trying to get Sidney for:
1. Giving incorrect details of a trip he took four years ago (as a high school freshman, nonetheless)
2. His family using money donated to organizations they ran for something other than the organizations themselves (which is sketchy, and possibly illegal, but hardly was handled by Renardo himself)
3. He got "excess" Reebok gear while his dad was indirectly working for the company, or at least associated with folks working for the company
4. Some expenses were paid by someone else for an unofficial visit to some collegiate institution
I can see the issue with #2, but you'd need some real hard proof to show that Renardo was the reason the money was donated and then expected to be misused by his parents.
The rest are minor at best, and a stretch at worst.