Sports

Banker Pleads Guilty In FIFA Bribery Case, Brooklyn Prosecutors Say

Jorge Luis Arzuaga, a former Swiss banker, pleaded guilty to his part in a massive money laundering conspiracy to bribe FIFA officials.

DOWNTOWN BROOKLYN — An Argentinean banker pleaded guilty to his part in an enormous soccer scandal to bribe corrupt FIFA officials, prosecutors announced Thursday.

Jorge Luis Arzuaga, 56, pleaded guilty to laundering money for an Argentinean sports marketing business to bribing the former president of Argentina’s soccer federation, according to Brooklyn federal court officials.

Arzuaga admitted that the bribes earned profitable contracts on soccer events for Alejandro Burzaco and his sports marketing company, Torneos y Competencias S.A., said prosecutors.

Find out what's happening in Brooklyn Heights-DUMBOfor free with the latest updates from Patch.

Arzuaga, who worked for two Swiss banks, helped pay more than $25 million in bribes to soccer bigwigs, prosecutors said.

As part of his deal with the U.S. Attorney’s office, the Argentinean money-washer will turn over his cut of the profit — $1 million — and face charges in Switzerland for his part in the conspiracy, prosecutors said.

Find out what's happening in Brooklyn Heights-DUMBOfor free with the latest updates from Patch.

Arzuaga's attorneys declined a request to comment from a Daily News reporter who covered the story from the courthouse.


Photo courtesy of macblack/Pixabay

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Brooklyn Heights-DUMBO