U.S. indicts 14 in alleged FIFA corruption and bribery scheme

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Top officials of world soccer’s governing body were indicted in New York early Wednesday on charges they corrupted the sport by taking over $150 million in bribes in return for the rights to broadcast some of international soccer’s top events. The alleged scheme stretches back 24 years and reflects corruption “that is rampant, systemic, and deep-rooted both abroad and here in the United States,” said Atty. Gen. Loretta Lynch, who announced the charges before dawn in Washington. Nine soccer officials and five sports marketing or banking executives were charged. The indictment, including racketeering, wire fraud and money laundering, could cripple Sepp Blatter’s run for a…

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Venezuela's 72%, One-Week Stock Jump Comes With a Few Caveats - Bloomberg


Bloomberg

Venezuela's 72%, One-Week Stock Jump Comes With a Few Caveats
Bloomberg
It sounds pretty juicy: Venezuela's benchmark stock index has surged 73 percent in the past week. Yet the gains come with important caveats. The shares are priced in rapidly depreciating bolivars, annual inflation is estimated at more than 100 percent ...

and more »

U.S. indicts 14 in alleged FIFA corruption and bribery scheme

admin

Top officials of world soccer’s governing body were indicted in New York early Wednesday on charges they corrupted the sport by taking over $150 million in bribes in return for the rights to broadcast some of international soccer’s top events. The alleged scheme stretches back 24 years and reflects corruption “that is rampant, systemic, and deep-rooted both abroad and here in the United States,” said Atty. Gen. Loretta Lynch, who announced the charges before dawn in Washington. Nine soccer officials and five sports marketing or banking executives were charged. The indictment, including racketeering, wire fraud and money laundering, could cripple Sepp Blatter’s run for a…

Next Post

Venezuela's 72%, One-Week Stock Jump Comes With a Few Caveats - Bloomberg


Bloomberg

Venezuela's 72%, One-Week Stock Jump Comes With a Few Caveats
Bloomberg
It sounds pretty juicy: Venezuela's benchmark stock index has surged 73 percent in the past week. Yet the gains come with important caveats. The shares are priced in rapidly depreciating bolivars, annual inflation is estimated at more than 100 percent ...

and more »