Sports marketing offices in Brazil raided by officials

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The offices of sports marketing firms in Brazil were raided Wednesday, according to the BBC. 

The raids are part of the FBI-led investigation that led to the arrests of several FIFA officials on Tuesday. U.S. Attorney General Loretta Lynch said during a Wednesday press conference that corruption was involved in bidding for the World Cup in 2010 and Brazil's sponsorship with a major U.S. sportswear company. That sportswear company is believed to be Nike, which said it has "been cooperating" with the investigation and will continue to do so. 

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Nike has had a sponsorship deal with the Brazilian Football Confederation since 1996. 

Lynch said, via the Daily Mail and The Associated Press, that corruption and bribery have plagued FIFA since 1991 and those involved "corrupted the business of worldwide soccer to serve their interests and to enrich themselves ... They did this over and over, year after year, tournament after tournament."

The bribery charges include an estimated $110 million linked to the 2016 Copa America tournament, which is being held in the U.S. for the first time.

Brazil, which was awarded the 2014 World Cup, has faced its own internal criticism with stadiums built to host World Cup games now being used as parking lots. Brazil spent nearly $15 billion to ready itself for the 2014 World Cup and is expected to spend another $13 billion in preparation for the 2016 Olympics.

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