FIFA Financial Watchdog Member Sent to Doghouse for Corruption
By Andrew Crawford, Marketing –
A member of FIFA’s watchdog group is sent to the doghouse for allegations of corruption, fraud and money laundering.
Canover Watson, a member of the FIFA’s audit and compliance committee and vice president of the Caribbean Football Union, was arrested in the Cayman Islands on suspicion of corruption and money laundering. He was released on bail but was relieved of his duties as the investigation gets underway.
We Need Better Deterrents
This scandal could potentially cost FIFA and Watson a lot of money. It’s too bad the threat of having to pay out a lot of money doesn’t seem to be deterring people in professional sports from committing fraud. More than any other competitive team sport, international soccer has the most cases of fraud and corruption.
Imagine if corruption, fraud and money laundering had no place in team sports. Most people would argue that this is impossible since so much pressure and money is on the line.
Today, there is one measure that we can take to eliminate fraud and corruption from not just team sports, but also the world as a whole. A new technology called EyeDetect™ has the potential to change the way we address ethics in general.
EyeDetect is an inexpensive, non-intrusive, easy-to-administer lie detection test that can be given to determine potential fraud, in countries where it is legal to administer such tests.
Imagine if Canover Watson and other high-ranking officials had to take regularly scheduled tests to determine if everything they said they were doing was in line with what they were actually doing. This could save FIFA and other similar entities millions of dollars and the headache of having their name associated with fraud and corruption.
FIFA, and other organizations and businesses, can prevent embarrassing gaffes such as this by conducting employee screenings. By reviewing their employees, both low-level and high-level, organizations can prevent fraud, money laundering, corruption, thefts, etc., and thus ensure a better world for all.
