And with the evolving and highly explosive revelations barely even into the second day, a recap of local Fifa involvement explains why Oceania football, including New Zealand Football, will be watching this situation unfold very carefully.
Charlie Dempsey
The name Charlie Dempsey will forever be linked with corruption in Fifa after his abstention from voting for the 2006 World Cup saw it handed to Germany instead of South Africa.
Dempsey was on the all-powerful Fifa executive committee in 2000 when they voted on who would host the 2006 edition of the World Cup. Many expected South Africa to win, and president Sepp Blatter had certainly put his lot in with them, but Dempsey's non-vote saw Germany win by one vote.
He complained afterwards of "intolerable pressure" and later said this was in connection with attempts to bribe him. He and his family also received death threats.
There is no evidence of Dempsey taking bribes but it was naive of him to think he would not be subjected to efforts to win his vote - in whatever form they might have been. He soon resigned from the Fifa executive committee and as Oceania chairman.
In the end, it worked out for South Africa - they probably wouldn't have been ready in time to host the World Cup in 2006 and ended up hosting the 2010 tournament.
Reynald Temarii
The former OFC president is currently serving a Fifa-enforced eight-year ban from football for accepting money from former Qatari football boss Mohamed bin Hammed (who is banned for life) - cash which was used to pay legal costs to defend a corruption probe.
The corruption probe came after Temarii, who denied wrongdoing, was secretly filmed in an Auckland sting operation by British newspaper The Sunday Times in 2010. The newspaper alleged Temarii had tried to sell his votes to determine who would host the 2018 and 2022 World Cups, which, controversially, were awarded to Russia and Qatar.
Whether the FBI's ongoing investigation could yield further problems under Temarii's tenure remains to be seen.
Ahongalu Fusimalohi
Tonga's former Fifa executive committee member was caught up in the same 2010 World Cup vote-selling sting as Temarii. He was slapped by Fifa with a two-year ban but has since gone on to work as a special advisor to the Tongan Prime Minister and been associated with Tonga's Olympic Committee.
This week's vote
Fifa's member associations are due to meet this week for the presidential election. With Fifa boss Sepp Blatter reneging on a pledge to not seek a fifth term as president, New Zealand Football and all 10 other OFC federations face a big decision.
Having already declared their votes will go to Blatter - who as boss of the organisation for the last 17 years is now seeing the FBI very publicly expose acvitity on his watch - will they stick with the 79-year-old while the biggest issue ever to face Fifa starts to unravel?
This morning New Zealand Football boss Andy Martin, who is in Zurich preparing to cast this nation's vote, released a statement saying "the developments in the last 24 hours are very serious and we continue to monitor the situation closely so that we can react appropriately".
Martin also vowed that "our delegation in Zurich are in close contact with our executive committee and Oceania Football and we will continue to play our role in upholding the integrity of FIFA and its operations".
But it remains to be seen whether NZF's position on integrity remains with voting for Blatter.