Aaron Davidson, president of the company that owns the Carolina RailHawks soccer team, has pleaded not guilty to a series of charges relating to his alleged role in the corruption of soccer.
Davidson was indicted last week amid a United States federal investigation into soccer’s organizing bodies. He is accused of racketeering conspiracy, wire fraud, money laundering and obstruction of justice, among other charges.
He pleaded not guilty to all counts in a federal courthouse in Brooklyn on Friday, according to the U.S. Department of Justice. Davidson was the first of the 14 defendants to be arraigned, the Associated Press reported.
Davidson, who is president of Miami-based Traffic Sports USA, is accused of arranging bribes in exchange for the marketing rights to tournaments. The RailHawks are based in Cary, and the impact of the investigation on the team’s future is uncertain.
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His bond was set at $5 million and secured by three properties. He will be held in home detention with electronic monitoring, according to the Justice Department.