Jeffrey Webb, former Vice President of FIFA, former president of CONCACAF, and one of several FIFA officials involved in an international investigation into corruption and bribery in world soccer, entered a not guilty plea to all 17 felony charges he faces in U.S. District Court in Brooklyn. Webb, who was arrested in Switzerland during the initial raid in May, recently agreed to extradition to the United States and appears to be in the process of cutting a deal.Bond was placed at $10 million, and Webb and his wife were forced to scramble to gather the funds.
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Webb will remain in custody until at least Monday while they dot the i's and cross the t's on the bond arrangement. Upon his release, he will be required to stay in his home within a 20 mile radius of Brooklyn's Cadmen Plaza courthouse and will have to wear an electronic monitor at all times. He will not be permitted to leave his residence without prior approval from prosecutors, except for medical emergencies. He also surrendered his passports and cannot associate with any of his former colleagues from FIFA or CONCACAF.According to the New York Daily News, Judge Raymond Dearie, who is overseeing the case, signed an order for an "excludable delay" in Webb's right to a speedy trial, which is essentially a 30-day pause button, often used by prosecutors who are trying to work out a deal.[NYDN]He was freed on a $10 million bail secured by a variety of assets, including: 10 properties located from New York to Florida and owned by Webb, his wife, Kendra Gamble-Webb and other family members; three automobiles; a 401K account with TD Ameritrade; watches and jewelry; and other equity belonging to Gamble-Webb, who is an Atlanta-based physician.