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This Former FIFA Exec Just Traded Absurd Riches To The US For Freedom

If former FIFA Executive committee member Jeffrey Webb wants to convince people he isn't a hilariously corrupt person, he didn't do himself any favors when securing his bond.

Webb was one of the FIFA officials arrested during a sting operation in Zurich last month, and the first to be extradited to the United States. 

His bond releases him into house arrest, as long as the house is located within 20 miles of the court in Brooklyn he must appear at. He also must provide private security to make sure he doesn't escape, which he must pay for himself.

The bond, totaling $10 million, was secured with:

-11 luxury watches.

-Jewelry, including his wife's diamond wedding ring, a diamond bracelet, two necklaces (diamond and pearl), pearl earrings, diamond earrings and two of his wife's luxury watches.

-Three cars: a 2003 Mercedes, a 2014 Range Rover and a 2015 Ferrari.

-His wife's 401 (k) account and her equity in an unnamed business.

-10 houses belongong to Webb and his family.

Bond doesn't come cheap when you're accused of corruption regarding one of the largest and most powerful sporting organizations in the world. 

Read the whole filing here:

Jeffrey Webb

Contact The18 Staff Writer Sam Klomhaus at Klomhaus@The18.com or follow him on Twitter @SamKlomhaus

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