JUAN MABROMATA / AFP / Getty
Jorge Luis Arzuaga, a fifty six-yr-previous from Argentina and personal banker previously employed by a number of Swiss banks, pleaded responsible on Thursday at a courthouse in Brooklyn, New York to a cash laundering cost in reference to the distribution and receipt of tens of millions of dollars paid to excessive-rating soccer officers, “together with the late president of the Asociacion del Futbol Argentino.”
Julio Grondona, who spent 35 years because the Asociacion del Futbol Argentino’s president and was a senior vice chairman at FIFA till his dying in 2014, was accused by Arzuaga of accepting tens of millions of dollars in bribes. Grondona is not referred to by identify in america Division of Justice’s launch, and is as an alternative known as “Soccer Official #1.”
Between 2010 and 2015, Arzuaga was employed as a personal banker by two monetary establishments based mostly in Switzerland and managed quite a lot of accounts managed by Alejandro Burzaco, a principal of Torneos y Competencias, which is described as “a sports activities media and advertising enterprise” based mostly in Argentina.
Arzuaga assisted Burzaco in paying bribes to varied soccer officers, together with Grondona, and opened a checking account within the identify of a shell firm whose true useful proprietor was “Soccer Official #1.” Greater than $25 million was put into the account.
When Grondona died in 2014, Arzuaga organized for the funds within the account to be distributed amongst “Soccer Official #1’s heirs” and acquired roughly $1,046,000 in bonus funds from Burzaco for shifting the bribe cash.
Burzaco was amongst 9 FIFA officers and 5 company executives indicted for racketeering, wire fraud, and cash laundering conspiracies in Might 2015, when the corruption scandal surrounding soccer’s governing physique first broke. He pleaded responsible to racketeering conspiracy and different offenses in November 2015.