Former FIFA Official Jeffrey Webb Meets Bail With Diamonds, Ferrari
NEW YORK, July 21 (UPI) — Former FIFA Vice President Jeffrey Webb has relinquished more than a dozen luxury items to secure his $10 million bail, including a 2015 Ferrari, five Rolex watches and his wife’s diamond wedding ring.
Webb, 50, was arrested in May on corruption charges and was extradited from Switzerland to the United States on Wednesday, as he waived his right to fight the U.S. extradition request.
He is under house arrest in New York City, N.Y., after securing his $10 million bail. Kendra Gamble-Webb, his wife, gave up multiple items to secure his release from jail.
Webb used multiple possessions to meet bail demands:
• Eleven luxury watches, including the Rolex and Hublot brands.
• Ten homes owned by Webb and his family.
• 2015 Ferrari, 2014 Range Rover and 2003 Mercedes-Benz.
• Webb’s wife’s diamond wedding ring, diamond bracelet, diamond and pearl necklace, pearl earrings, diamond earrings and two luxury watches.
His wife’s equity in an unnamed company and her 401(k) account were also used to meet bail.
Webb, a Cayman Islands native, is the former president of CONCACAF, Cayman Islands Football Association (CIFA), and FIFA vice president. He is accused of “accepting bribes totaling millions of dollars in connection with the sale of marketing rights to various sports marketing firms and keeping the money for himself.”
FIFA has been embroiled in chaos and controversy since late May after the U.S. Justice Department charged 14 FIFA officials and corporate executives of “racketeering, wire fraud and money-laundering conspiracies, among other offenses, in connection with the defendants’ participation in a 24-year scheme to enrich themselves through the corruption of international soccer.”
The scandal led FIFA President Sepp Blatter, who won reelection days after the charges were announced, to declare his pending resignation, which could come as early as December.
High-ranking FIFA officials, including Blatter, FIFA Secretary General Jerome Valcke and former FIFA Vice President Jack Warner, have come under legal scrutiny by the FBI and Swiss authorities.
