messi sentenced to 21 months for tax fraud unlikely to serve time
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Messi sentenced to 21 months for tax fraud; unlikely to serve time

Arab Today, arab today

Arab Today, arab today Messi sentenced to 21 months for tax fraud; unlikely to serve time

Messi sentenced to 21 months for tax fraud; unlikely to serve time
Barcelona - Arab Today

A court in Spain on Wednesday sentenced Barcelona’s star striker Lionel Messi and his father to 21 months in jail for tax fraud and slapped them with a fine of 3.7 million euros ($4.1 million).
But these prison sentences are likely to be suspended as is common in Spain for first offenses for non-violent crimes carrying a sentence of less than two years.
The Barcelona court found the Argentina international and his father Jorge Horacio Messi guilty of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying taxes on 4.16 million euros of Messi’s income earned from his image rights from 2007-09.
The income related to Messi’s image rights that was allegedly hidden includes endorsement deals with Danone, Adidas, Pepsi-Cola, Procter & Gamble or the Kuwait Food Company.
Messi, 29, a five time FIFA World Player winner, was fined 2.09 million euros while his father was fined 1.6 million euros.
They can appeal the decision to Spain’s Supreme Court.
Both Messi and his father, who has managed his son’s affairs since he was a child, were charged with three counts of tax fraud.
Messi, told the court during the four-day trial that wrapped up on June 4 that he trusted his father with his finances and “knew nothing” about how his wealth was managed.
Prosecutors had asked for Messi to be absolved, arguing there was no evidence that the player was aware of how his income was managed.
But the state attorney representing tax authorities in the trial, Mario Maza, said he found it unlikely that Messi knew nothing about the situation.
“There is no deliberate ignorance here, it’s fraud and that’s all there is to it, because he didn’t want to pay his taxes,” he said.
“It’s like a crime boss. At the very top is the bigwig who doesn’t want to know about the details.”
Messi and his father made a voluntary payment of 5.0 million euros — equal to the amount of the alleged unpaid taxes plus interest — in August 2013 after being formally investigated.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

messi sentenced to 21 months for tax fraud unlikely to serve time messi sentenced to 21 months for tax fraud unlikely to serve time

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

messi sentenced to 21 months for tax fraud unlikely to serve time messi sentenced to 21 months for tax fraud unlikely to serve time

 



GMT 12:47 2017 Sunday ,05 November

HRH Princess Sabeeka to patronise key conference

GMT 14:40 2013 Saturday ,08 June

Modern twist on traditional kaftans

GMT 06:43 2016 Monday ,26 December

China To Pilot Supervisory System Reform

GMT 20:28 2017 Tuesday ,19 September

Clarins unveils 12 Day Christmas Calendar

GMT 18:47 2017 Sunday ,22 October

El-Sissi vows to quash terrorism

GMT 06:15 2017 Friday ,24 November

Hazza bin Zayed opens ninth edition of Abu Dhabi Art

GMT 10:22 2016 Wednesday ,23 March

cartoon twelve

GMT 23:22 2017 Friday ,24 November

3rd Annual UAE eHealth Week to start Sunday

GMT 21:15 2018 Wednesday ,31 October

Saudi Arabia reduces budget deficit by 60%

GMT 13:57 2011 Monday ,24 October

Germany to vote Wednesday on rescue fund boost

GMT 05:50 2018 Friday ,12 January

'Global shift' as Olympics set up shop

GMT 07:48 2010 Wednesday ,15 September

Debt deal likely to lift markets
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday