11th November 2020
Police in Portugal have raided the offices of Primeira Liga clubs Benfica, Sporting and Santa Clara as part of a corruption and money laundering investigation linked to player transfers. The Portuguese general prosecutor’s office revealed that nearly 30 searches were carried out on Monday by Judicial Police and the… Read More
9th November 2020
Julius Baer has made an agreement with the U.S. Department of Justice (DoJ) to settle allegations over its role in corruption surrounding global soccer body FIFA, the bank said on Monday. The bank has taken a provision of $79.7 million to cover expected fines after agreeing in principal to a… Read More
9th November 2020
AP – Aiming to open player agents to more scrutiny, FIFA said Thursday it wants to publish lists of their clients and how they earn fees that were worth $650 million last year. FIFA’s move toward more transparency is in a draft code it has worked on since 2017,… Read More
2nd November 2020
The EU should act fast and impose more sanctions on the regime of strongman Alexander Lukashenko and its supporters, Belarus opposition leader Svetlana Tikhanovskaya has said. In an interview with the Financial Times published on Sunday, Tikhanovskaya welcomed the EU’s decision to penalize 40 Belarusian officials last month,… Read More
29th October 2020
AP — A judge in Barcelona is probing possible links between some of the promoters of Catalonia’s 2017 attempt to declare independence from the rest of Spain with an alleged misinformation campaign and overall effort to destabilize Europe that Spanish investigators link to Russia. The probe authorized by judge… Read More
28th October 2020
By Juan Diego Posada, InSight Crime, 27 October 2020 InSight Crime — To sell and promote their product, drug dealers in Rio de Janeiro have organized cash-prize soccer matches — in an example of how even low-level criminals use Brazil’s soccer-mad culture to net illicit cash. Police were tipped that the… Read More
26th October 2020
Switzerland’s Julius Baer will withhold millions of francs in bonuses from two former chief executives after an internal investigation faulted the pair for failing to protect the bank from a South American money laundering scandal, the Financial Times reported. The Swiss wealth manager is seeking to withhold more than… Read More
22nd October 2020
Last Friday, the headquarters of the Czech Football Association were hit by a sudden police raid. It was the culmination of a long-term investigation that saw 19 individuals charged with corruption. Four of the accused have since been arrested, among them the deputy chairman of the association Roman Berbr. Mr. Read More
15th October 2020
AP — Swiss authorities said Wednesday they are returning about $37 million in seized funds to South American soccer confederation CONMEBOL. The money is linked to a Swiss corruption investigation into CONMEBOL’S former president Nicolás Leoz of Paraguay and former secretary-general Eduardo Deluca of Argentina. Leoz and Deluca were among… Read More
8th October 2020
AP – The headquarters of the German soccer federation and the private homes of some of its members were searched early Wednesday as part of an investigation into tax evasion. The Frankfurt public prosecutor said about 200 officers were involved in the raids in the German states of Bavaria,… Read More