Webb woes mount as Fidelity Bank swoops to collect on Cayman property debt

Jeffrey webb 4

January 9 – A default notice seeking nearly $34,000 in arrears has been issued against the Cayman Islands home owned by former FIFA Vice President and CONCACAF boss Jeffrey Webb, according to the Cayman Compass newspaper.

Webb, not so long ago touted as a future FIFA president, is due to be sentenced in a US federal court in May following his guilty plea to racketeering and money laundering conspiracy charges in connection with the corruption and bribery scandal that rocked world football in 2015. He is currently on bail and under house arrest near Atlanta, Georgia.

According to local land records acquired by the newspaper, a restriction was placed on the property in July 2015 following an order to freeze Webb’s assets by the US District Court in the Eastern District of New York State.

A year later, said the paper, a further restriction stated that ‘no dealings will be permitted’ with the property until December 2, 2016. Two weeks after that deadline, attorneys for Fidelity Bank sought $33,746.70 they claimed they were owed on the property since November 2, 2016.

Last year Webb was formally banned from football for life. The Cayman Islands banker had already agreed to forfeit $6.7 million as part of his plea agreement but faces up to 20 years in prison when sentencing takes place.

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