US businessman whose firm invested in European soccer clubs pleads guilty to fraud

A sports story from North Carolina, reported by CBS17 Sports.

Sports · North Carolina · October 15, 2026

From CBS17 Sports

NEW YORK (AP) — An American businessman whose firm invested in several European soccer clubs that struggled under its ownership pleaded guilty to fraud charges Thursday in New York and agreed to pay back $500 million in losses caused by the scheme.

Reported by CBS17 Sports, October 15, 2026. Read the full story at CBS17 Sports →

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