Tuesday, December 13, 2016

Argentine firm reaches $112.8 million deal with U.S. in FIFA probe (Reuters)

A TV team is reflected in a logo of FIFA a meeting of the FIFA Council at its headquarters in Zurich, Switzerland October 13, 2016. REUTERS/Arnd Wiegmann

By Mica Rosenberg and Nate Raymond NEW YORK (Reuters) - An Argentine sports media company has agreed to pay about $112.8 million (89 million pounds) as part of a deal resolving U.S. charges stemming a wide-ranging bribery probe involving FIFA, football's world governing body, according to court documents filed on Tuesday. The deferred prosecution agreement with Torneos y Competencias SA, whose former chief executive pleaded guilty last year to engaging in schemes to bribe football officials, was disclosed in court papers filed in federal court in Brooklyn. Prosecutors charged it with one count of wire fraud conspiracy, which will be dropped if it abides by the deferred prosecution agreement's terms for four years.


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