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Violation Tracker Individual Record

Company: Torneos y Competencias S.A.
Penalty: $112,800,000
Year: 2016
Date: December 13, 2016
Offense Group: competition-related offenses
Primary Offense: kickbacks and bribery
Violation Description: Torneos y Competencias S.A., a South American sports marketing company, was given a deferred prosecution agreement to resolves wire fraud conspiracy charges in connection with the company's long-running participation in a scheme to corrupt international soccer through the payment of bribes to a high-ranking FIFA official to secure his support for, among other things, the acquisition of rights to broadcast the 2018, 2022, 2026, and 2030 editions of the FIFA World Cup. As part of the deferred prosecution agreement, Torneos agreed to over $112.8 million in forfeiture and criminal penalties, and further agreed to implement enhanced internal controls and a rigorous corporate compliance program and to cooperate fully with the government's ongoing investigation.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Eastern District of New York
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.