Boxing in the 1950s beaten by Pérez), won Japan's first world title, and Hogan Bassey won the first belt for Nigeria. Popular American fighters in the 1950s proved legendary: Sugar Ray Robinson would still win (and lose) world titles, Rocky Marciano became the only heavyweight world champion in history to retire with perfect record. Jersey Joe Walcott the oldest heavyweight champion (until George Foreman regained the title in 1994), Archie Moore broke the all-time knockout record as well as the record for the oldest champion, at 48, for "any" division, Ezzard Charles proved to be a reliable substitute for Joe Louis as heavyweight champ,
International Boxing Federation former heavyweight champion Michael Moorer; IBF's reputation was ruined 1999 with founder Lee's indictment for racketeering and other violations for taking bribes in exchange for high boxer rankings. Indicted on federal racketeering and racketeering conspiracy charges were "president, Robert W. Lee, 65; his son and IBF liaison, Robert Lee Jr., 38; former IBF executive and Virginia boxing commissioner Donald William Brennan, 86; and South American IBF representative Francisco Fernandez." Lee was subsequently convicted of money-laundering and tax evasion in August 2000, then sentenced, in 2001, to 22 months in prison and fined $25,000. In 2000, citing extortion; boxing promoter Bob