ZURICH (AP) — Former FIFA vice president Jeffrey Webb has lost his appeal against a 1 million Swiss franc ($1.05 million) fine imposed by the soccer body's ethics committee.
FIFA says its appeals committee ruled the amount "was adequate." Webb did not appeal his life ban from soccer.
Webb pleaded guilty in 2015 to racketeering, wire fraud and money laundering conspiracies in the U.S. Department of Justice's sprawling investigation of bribery and corruption linked to international soccer.
Tensions over North Korea weigh on stocks but boost gold
LONDON (AP) — Worries over a potential confrontation between the United States and North Korea weighed heavily on global stock markets on Wednesday but helped boost the price of assets, such as gold and the Swiss franc, that are considered safe havens in times of geopolitical peril.