money laundering

money laundering

FIFA scandal: top soccer officials arrested at Zurich hotel, face American - TomoNews

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ZURICH — A number of FIFA executives from several different countries were arrested at the Baur Au Lac Hotel in Zurich early Wednesday morning by Swiss authorities. The arrests follow an investigation into charges of tax evasion, money laundering, racketeering and wire fraud over the past 20 years. The New York Times quoted an unnamed law enforcement official as saying: "We're struck by just how long this went on for and how it touched nearly every part of what FIFA did. It just seemed to permeate every element of the federation and was just their way of doing business. It seems like this corruption was institutionalized." The suspects whose names have been released are FIFA Vice President Jeffrey Webb; Eugenio Figueredo, president of South American soccer governing body Conmebol; Rafael Esquivel, the vice-president of Conmebol; Costa Rica football president Eduardo Li, who was reportedly going to join FIFA's executive committee on Friday; former FIFA vice president Jack Warner; Julio Rocha; Nicolas Leoz; Jose Maria Marin and Costas Takkas. The suspects face extradition to the United States for the criminal charges. An election for the president of FIFA is scheduled to be held on Friday, but despite the recent arrests the incumbent, Sepp Blatter, remains confident that he will defeat his only remaining challenger, Jordanian royal Prince Al Bin Al Hussein. ----------------------------------------­--------------------- Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. Visit our official website for all the latest, uncensored videos: http://us.tomonews.net Check out our Android app: http://bit.ly/1rddhCj Check out our iOS app: http://bit.ly/1gO3z1f Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://plus.google.com/+TomoNewsUS/ Instagram @tomonewsus http://instagram.com/tomonewsus