Evan T. Barr Remission Accomplished: How FIFA Victims Scored a Big Win
Lawyers for FIFA and the other entities took advantage of an obscure bureaucratic mechanism, called a petition for remission, to secure this enormous recovery. Practitioners representing victims in financial fraud cases should take note of this outcome, and familiarize themselves with the remission process.
September 01, 2021 at 12:00 PM
12 minute read
On Aug. 24, 2021, the Department of Justice announced that it had approved the payment of approximately $201 million in forfeited funds to FIFA, the world organizing body of soccer, and two of its affiliated regional confederations, in connection with losses they allegedly incurred in the infamous sports bribery scandal.
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