ZURICH (AP) – Swiss private bank Julius Baer says it is investigating its involvement in a FIFA corruption case and is cooperating with authorities.
The Zurich-based bank was named in a U.S. Department of Justice indictment three weeks ago which alleged a racketeering conspiracy.
An account in Zurich received $6.67 million in 2013 from agencies implicated in a $110 million bribe scheme linked to Copa America broadcasting rights.
The Justice Department says the account was held by FPT Sports, a subsidiary of Argentina-based Torneos y Competencias.
Torneos president Alejandro Burzaco was indicted and turned himself in to Italian police last week. He faces extradition to the United States.