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Ex-Costa Rica soccer chief pleads not guilty in FIFA probe
Court News |
2015/12/19 17:03
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The former head of the Costa Rican football federation has pleaded not guilty in the U.S. after being charged in a sprawling investigation of bribes and kickbacks involving FIFA, soccer's governing body.
Eduardo Li pleaded not guilty during an initial appearance Friday in U.S. District Court in Brooklyn.
Authorities say Li was extradited to the U.S. a week after withdrawing his appeal against being sent. He was brought to New York on Friday.
Li's attorney says his client voluntarily returned to the U.S. and intends to fight the allegations.
About 20 soccer officials have been indicted on charges stemming from the U.S. investigation of corruption in the sport.
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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