FIFA Bribery Scandal Upsets Online Sports Bettors

Published Tuesday, April 19, 2016 - Online-Casinos.com
FIFA Bribery Scandal Upsets Online Sports Bettors

The recent release of transcripts in America regarding the allegations top officials of the FIFA organization were accepting huge monetary and material bribes should give the ordinary betting individual a wakeup call. These people admit that it has been common practice to accept bribes at FIFA and give special attention to those contractors who gave the most. What kind of message does this send to the average online sports betting fan who plays with hard earned money expecting honesty and fairness?

The USA judge released transcripts recently outlining the guilty pleas submitted by three prominent defendants in the FIFA scandal. The corruption investigation has been ongoing with American prosecutors accusing 40 officials and marketing executives of soliciting and receiving bribes with kickbacks amounting to millions of dollars. Last year the former vice-president of the FIFA organization Jeffrey Webb, marketing executive Alejandro Burzaco and intermediary José Margulies all pleaded guilty to racketeering, wire fraud and conspiracy to launder money. All three, who are confined to house arrest in the United States will be sentenced for corruption in New York this coming June.

Webb, told the judge, “I abused my position to obtain bribes and kickbacks for my personal benefit,”  During his plea to the judge he admitted to receiving bribes for the sale of commercial rights for 2018 and 2022 World Cup qualifying matches, and in 2012, 2013 and 2014, including for the Copa América Centenario tournament, coming in June.

The former chairman of the board of Torneos y Competencias SA, , an Argentinian sports marketing company, Burzaco, 51, said he regretted his illegal actions, “I was wrong,”  the executive admitted to paying bribes and kickbacks worth millions of dollars to multiple soccer officials to obtain marketing rights to certain tournaments. “Torneos and I profited from these payments directly and indirectly by securing these rights,”

José Margulies will also be sentenced for his participation in the FIFA corruption shake up. The top FIFA officials are supposed to be the role models for the integrity of sport.

 

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