FIFA Prosecutors Net $30M From Bank In Laundering Scheme

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Law360 (April 30, 2020, 6:53 PM EDT) — Israel-based Bank Hapoalim and its Swiss subsidiary have agreed to pay approximately $30 million for laundering bribes and kickbacks to soccer officials with FIFA and other federations, federal prosecutors in Brooklyn said Thursday, the same day the bank separately pled guilty to a $7.6 billion U.S. tax fraud scheme.