Argentina's €42 million FIFA World Cup prize money is at the center of a major financial probe. Investigators believe the funds were diverted to a network of shell companies in Florida.
The money was allegedly processed through TourProdEnter LLC, a company appointed as the Argentine Football Association's (AFA) commercial agent just before the 2022 tournament. Banking records reportedly show approximately $260 million flowed through accounts at US banks, with at least $42 million transferred to four inactive Florida shell companies with no apparent business operations.
Argentine authorities raided AFA facilities in March 2026. The FBI has launched its own inquiry into potential bank fraud and money laundering. The investigation focuses on AFA leadership, including President Claudio Tapia and Treasurer Pablo Toviggino, though no formal charges have been filed.
The AFA's recent crypto partnerships, including with XBO.com and the $ARG fan token, are reportedly unrelated to these allegations.