FIFA World Cup Scandal Shakes Faith in Sport

Published Wednesday, May 27, 2015 -
FIFA World Cup Scandal Shakes Faith in Sport

The headlines all over the world much to the chagrin of everyone who loves the FIFA World Cup Series that there is massive corruption going on within the organization has shaken the trust of betting on the game. Online bookies as well as those high street vendors will definitely feel the impact the scandal has on betting on the world cup. Perhaps this is shear speculation but people generally like things to at least seem fair.

The news media has been buzzing at a furious pace with regards to this latest outing of officials at the FIFA organization caught in an alleged bribery and fraud case where seven FIFA officials so far have been arrested in Switzerland for crimes adding up to more than $150m (£96m). The fraud was related to the awarding of the 2018 and 2022 World Cups. This action in Europe will cause FIFA more problems with the arrests come only hours after seven soccer officials were arrested and 14 indicted Wednesday in a separate U.S. corruption probe.

The Swiss prosecutors' office said they had confiscated,"electronic data and documents" at FIFA's headquarters  as part of their probe.  The Swiss police noted that  FIFA executive committee members who took part in the World Cup votes in December 2010 would be questioned. Meanwhile in the USA the Department of Justice said in a statement that two current FIFA vice presidents were among those arrested, Jeffrey Webb of the Cayman Islands and Eugenio Figueredo of Uruguay. Included are Eduardo Li of Costa Rica, Julio Rocha of Nicaragua, Costas Takkas of Britain, Rafael Esquivel of Venezuela and Jose Maria Marin of Brazil. Everyone of those arrested  are connected to the regional confederations of North and South America.  

US Attorney General Loretta E. Lynch commented on the corruption, "It spans at least two generations of soccer officials who, as alleged, have abused their positions of trust to acquire millions of dollars in bribes and kickbacks."In Switzerland the prosecutors' office said the U.S. probe was separate from its investigation but that authorities are now working in unison.



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