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United States law enforcement officials declared in forceful terms on Wednesday that their broad investigation of FIFA had only begun and pledged to rid the international soccer organization of systemic corruption.

The Justice Department, F.B.I. and I.R.S. described soccer’s governing body in terms normally reserved for Mafia families and drug cartels, saying that top officials treated FIFA business decisions as chits to be traded for personal wealth. One soccer official took in more than $10 million in bribes, Attorney General Loretta E. Lynch said.

[…]

The Department of Justice indictment names 14 people on charges including racketeering, wire fraud and money laundering conspiracy. In addition to senior soccer officials, the indictment also named sports-marketing executives from the United States and South America who are accused of paying more than $150 million in bribes and kickbacks in exchange for media deals associated with major soccer tournaments.

Continue reading:  http://www.nytimes.com/2015/05/28/sports/soccer/fifa-officials-arrested-on-corruption-charges-blatter-isnt-among-them.html

Commentary by The Secular Jurist:  This looks like a fairly vigorous criminal prosecution of white-collar crime.  But, I must ask this question:  What about Wall Street?

2 thoughts on “FIFA Inquiry Yields Indictments; U.S. Officials Vow to Pursue More

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