Tom Ajamie gives his insights to CNN about ongoing criminal investigations into FIFA, the world’s governing body for soccer. An excerpt from the article:
Read the Full ArticleA U.S. lawyer, however, doesn’t see matters turning that extreme, though he pointed out the threat of freezing assets was a powerful bargaining tool.
“The (U.S.) government doesn’t really want to interrupt businesses before criminal trial,” says Thomas Ajamie, managing partner at Ajamie LLP, which specializes in financial fraud. “It is kind of against its policy.”
Instead, according to the Houston, Texas-based lawyer, it’s likely that FIFA officials are currently in talks with prosecutors about what little money will be accessible while criminal investigations are completed, so that it can continue to run as an organization.
“At a point like this, what would normally happen would not be public,” says Ajamie, who co-wrote the book, “Financial Serial Killers: Inside the World of Wall Street Money Hustlers, Swindlers, and Con Men.”