What’s News, Breaking: Thursday, March 9, 2023
SOCCER MAGNATES CONVICTED OF ALL COUNTS IN FRAUD AND BRIBERY CASE
DOWNTOWN BROOKLYN — A federal jury in Brooklyn has convicted former 21st-Century Fox Executive Hernan Lopez and Argentine sports marketing company Full Play Group S.A., on all counts of a superseding indictment charging them with wire fraud and money laundering conspiracies. As proven at trial, the defendants used their positions in the world of international soccer to engage in schemes involving the solicitation, offer, acceptance, payment and receipt of bribes and kickbacks, principally to obtain lucrative broadcast rights to various international soccer tournaments and events.
The verdict followed a seven-week trial before United States District Judge Pamela K. Chen. When sentenced, Lopez faces up to 40 years in prison and millions of dollars in penalties, while Full Play faces millions of dollars in financial penalties.