In what is aptly described as the World Cup of fraud, fourteen high-ranking soccer officials, including two current vice presidents of soccer’s world governing body, FIFA, were issued red cards - indictments on federal corruption charges by referee, US attorney general, Loretta Lynch. The money bags that were handed out to these FIFA executives is truly mind boggling.
For example, Jack Warner, former vice president of FIFA, is accused of taking a $10 million bribe to cast his ballot for South Africa to host the 2010 World Cup. FIFA ‘President for life’, Sepp Blatter, seems to be constantly on the move to avoid subpoenas. The soccer mafia paid millions of dollars in bribes and kickbacks to obtain lucrative media and marketing rights to international soccer tournaments. The 47-count indictment includes charges of racketeering, wire fraud and money laundering conspiracies spanning two decades. Why it take so long to expose this massive fraud and why the FIFA elections were not immediately suspended remains a mystery. It is a pity that the US attorney general gave a free pass to Wall Street big bank officials who also engaged in massive fraud.
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