Federal authorities are scrutinizing more than $300 million in international financial transactions tied to the Argentine Football Association (AFA), questioning key witnesses even as Argentina’s national team pushes forward in the 2026 FIFA World Cup.

The investigation, led by FBI agents and U.S. Department of Justice prosecutors, took a significant step forward this week when authorities interviewed businessman Guillermo Tofoni in Miami for over two hours, according to a report from Terra.

Federal investigators are treating Tofoni’s testimony as one of the first major breakthroughs in the probe.

The businessman’s account is expected to help authorities piece together how the AFA structured its commercial agreements with international partners.

Investigators are particularly focused on whether transactions involving U.S. based banks and corporations violated American laws.

The financial activity under review totals more than $300 million, sources close to the investigation indicated.

Tofoni’s testimony, “is being treated as one of the first significant developments in the federal probe,” Terra reported, adding that investigators are “working to trace the flow of money tied to AFA’s international business dealings.”

The meeting between Tofoni and federal agents reportedly lasted more than two hours, suggesting the businessman possesses substantial information about the association’s financial operations.

Tapia Remains in U.S. Amid Dual Legal Pressures

AFA president Claudio “Chiqui” Tapia remains in the United States with the national team as Argentina prepares for its World Cup quarterfinal match against Switzerland.

His presence stateside has drawn attention given his legal entanglements on two fronts.

Argentine courts granted Tapia permission to travel abroad despite pending charges at home.

He faces allegations of mismanaging tax and social security funds totaling more than 19 billion Argentine pesos.

“AFA president Claudio Tapia was in Miami with the national team during the tournament,” while federal authorities moved forward with their investigation, according to Terra’s reporting.

The timing has raised questions about whether U.S. officials might seek to interview Tapia directly before he departs American soil.

Despite the intensity of the federal probe, no formal U.S. charges have been filed against any individuals or entities connected to the AFA.

The investigation remains in what authorities described as preliminary stages.

“The investigation is reportedly still in its early stages as authorities determine whether the evidence is strong enough to pursue a criminal case under American law,” Terra reported.

Federal prosecutors are examining whether the AFA’s international commercial agreements and banking transactions crossed legal boundaries.

The involvement of U.S. based financial institutions gives American authorities jurisdiction to investigate potential violations.

On the field, Argentina’s defending champions remain very much alive in the tournament.

The team secured a dramatic Round of 16 victory over Egypt, surviving a missed penalty from Lionel Messi and VAR controversy before emerging with a 3-2 win.

“The defending champions are very much alive” in the World Cup, with their quarterfinal clash against Switzerland scheduled for 9 p.m. ET Saturday in Kansas City.

For now, Tapia and the AFA leadership are balancing their legal troubles with the demands of a World Cup campaign.

Whether the federal investigation produces criminal charges may depend on what witnesses like Tofoni continue to reveal about the association’s financial dealings.