The United States’ Federal Bureau of Investigation (FBI) has reportedly launched an investigation into the Argentine Football Association (AFA) over allegations involving money laundering and bank fraud linked to transactions exceeding $300 million.

According to Argentine newspaper La Nacion, federal prosecutors and FBI investigators are examining whether the AFA used the U.S. banking system to process hundreds of millions of dollars in financial transactions in a manner that may have violated American financial regulations.

The investigation is said to be focused on the movement of funds through U.S.-based financial institutions, a factor that gives American authorities jurisdiction to review the transactions.

The report states that investigators are scrutinising the financial activities of the AFA under the leadership of its president, Claudio Tapia. Authorities are seeking to determine whether the association’s handling of international commercial revenues complied with U.S. banking and anti-money laundering laws.

At the centre of the reported investigation is TourProdEnter LLC, the company responsible for managing the AFA’s overseas commercial income. The firm oversees several of the association’s major international business operations, including sponsorship agreements, media rights contracts and other commercial partnerships that generate significant revenue for Argentine football.

According to La Nacion, prosecutors are reviewing financial transfers worth more than $300 million that were processed through the U.S. financial system.

Some of the payments reportedly went to companies and beneficiaries whose commercial purpose has not yet been clearly established, prompting investigators to examine whether the transactions were legitimate or breached financial regulations.

The newspaper reports that investigators are attempting to establish the destination of the funds, the identity of the recipients and whether the payments were properly documented.

They are also examining whether any entities involved in the transactions were used to conceal the true nature or beneficiaries of the payments.

The investigation is said to have begun in 2025 and involves specialised federal prosecutors based in Washington, D.C., and Florida. These prosecutors work alongside FBI agents who focus on financial crimes, bank fraud and money laundering investigations.

The report also names Argentine businessman Guillermo Tofoni as one of the individuals who has reportedly provided evidence to U.S. authorities during the course of the inquiry.

However, details regarding his testimony or the specific information he may have supplied have not been made public.

Despite the seriousness of the allegations, no criminal charges have been filed against the AFA, President Claudio Tapia or any other officials connected with the organisation. The investigation remains in its preliminary stages, and U.S. authorities have not publicly accused the association of any criminal conduct.

Under U.S. law, the existence of an investigation does not indicate that wrongdoing has occurred. Federal authorities routinely investigate financial transactions to determine whether sufficient evidence exists before deciding whether any charges should be brought.

The reported probe also comes at a time when Argentina’s national football team is competing at the 2026 FIFA World Cup. However, there is currently no suggestion that the investigation has any connection to the team’s performances, players, coaching staff or participation in the tournament.

Instead, the reported inquiry is focused exclusively on the AFA’s commercial and financial operations, particularly its international business dealings and the movement of funds through the U.S. banking system.

The investigation is expected to continue as federal prosecutors review financial records, banking documents and commercial agreements linked to the transactions under scrutiny. Authorities are likely to determine whether further investigative steps are necessary based on the evidence gathered.

For now, the AFA has not been charged with any offence, and the reported FBI investigation remains an ongoing inquiry into whether U.S. financial laws were violated during the processing of the association’s international commercial transactions.