Switzerland to return soccer cash stashed at Swiss banks to South America

FILE PHOTO: Switzerland's national flag flies below a logo of Swiss bank Credit Suisse at its headquarters at the Paradeplatz square in Zurich, July 31, 2019. REUTERS/Arnd Wiegmann

ZURICH (Reuters) - Swiss prosecutors are preparing to return money to the South American soccer association that was seized from Swiss bank accounts during a sweeping global probe of corruption involving world soccer officials.

One of the bank accounts, at Credit Suisse, contains nearly $500,000 and was owned by Eduardo Carlos Deluca, the former head of the South American Football Confederation, and Andres Castelli, a former Latin America regional director at world soccer association FIFA, prosecutors said.