March 10, 2023  SEONews

Former Fox exec found guilty in bribery scheme for soccer game rights – Axios

A New York federal jury found a former 21st Century Fox executive guilty on Thursday in an alleged scheme to bribe FIFA officials for lucrative soccer game broadcasting rights.

Driving the news: Hernan Lopez was convicted of conspiring to commit wire fraud and launder money, but co-defendant Carlos Martinez was acquitted on the same charges, per a statement from the U.S. Attorney’s Office for the Eastern District of New York.

  • Argentinian sports marketing company Full Play Group S.A. was also convicted in the alleged scheme.

The big picture: The case comes from a large-scale corruption probe in international soccer and FIFA, which has resulted in several convictions since 2015, per Reuters.

Zoom in: Prosecutors said Lopez engaged in an alleged scheme to pay millions of dollars in bribes to South American soccer officials in order to secure broadcasting rights the Copa Libertadores — the region’s most popular club tournament, among other events.

  • He also “relied on loyalty secured…

Read Full Story: https://news.google.com/rss/articles/CBMiSWh0dHBzOi8vd3d3LmF4aW9zLmNvbS8yMDIzLzAzLzEwL2Zvcm1lci1mb3gtZXhlYy1icmliZXJ5LXNjaGVtZS13b3JsZC1jdXDSAQA?oc=5

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source: https://news.oneseocompany.com/2023/03/10/former-fox-exec-found-guilty-in-bribery-scheme-for-soccer-game-rights-axios_2023031041788.html

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