CR7 Set For 15 Months In Jail For Tax Evasion
Real Madrid Star, Cristiano Ronaldo could spend up at 15 months in
jail following claims Spanish prosecutors are considering bringing
charges against him on allegations of tax fraud.
Spanish media reports that the Real Madrid superstar had allegedly defrauded the authorities of 15 million euros ($16.7 million) between 2011
and 2014.
Prosecutors said Thursday they have until the end of June to decide whether to charge the Real Madrid star with fraud, based on evidence from an investigation by tax officials.
Ronaldo, 32, is being accused of defrauding the taxman by hiding funds from his image rights and other endorsements through offshore accounts in the Virgin Islands.
The Portugal captain has denied the charges, although tax officials said he adjusted his tax declarations and paid an extra 6 million euros ($6.7 million) in 2014.
Spanish media reports that the Real Madrid superstar had allegedly defrauded the authorities of 15 million euros ($16.7 million) between 2011
and 2014.
Prosecutors said Thursday they have until the end of June to decide whether to charge the Real Madrid star with fraud, based on evidence from an investigation by tax officials.
Ronaldo, 32, is being accused of defrauding the taxman by hiding funds from his image rights and other endorsements through offshore accounts in the Virgin Islands.
The Portugal captain has denied the charges, although tax officials said he adjusted his tax declarations and paid an extra 6 million euros ($6.7 million) in 2014.
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