Fifa corruption scandal: Argentine father-and-son executives admit paying millions in bribes to secure lucrative football rights
NEW YORK, Aug 28— Two Argentine sports marketing executives embroiled in a huge Fifa corruption scandal admitted T...
Two Argentine sports marketing executives, Hugo Jinkis and his son Mariano, have admitted to bribing international soccer officials in a massive Fifa corruption scandal, according to US prosecutors. The father-son duo were charged following a 2015 probe that exposed widespread bribery within Fifa and South and North American soccer confederations.
The US investigation, which included searches of Fifa officials' offices in Zurich, resulted in multiple arrests, trials, and guilty pleas. As part of a deferred prosecution agreement (DPA), the US will drop fraud charges against the Jinkises. In exchange, the men agreed to forfeit US$50 million and admit to paying tens of millions of dollars in commercial bribes to soccer executives.
These bribes were given in return for their assistance in securing lucrative media and marketing rights to various soccer tournaments, such as World Cup qualifiers and the Copa America, according to a court filing.
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