May 27, 2015
Nine FIFA officials and five business executives were arrested early Wednesday morning by Swiss authorities for “racketeering, wire fraud, and money laundering conspiracies, among other offenses, in connection with … a 24-year scheme to enrich themselves through the corruption of international soccer,” according to a statement from the Department of Justice.
According to the statement, bribes and kickbacks to obtain media marketing rights could amount to well over $150 million. Because many of the charges relate to CONCACAF, the regional confederation under FIFA headquartered in the United States, the officials will be extradited to the U.S. on federal corruption charges.
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