Wednesday, 6 July 2016

Lionel Messi sentenced to 21 months in jail for tax fraud

Lionel Messi
Reining FIFA world player of the year and FC Barcelona star, Lionel Messi and dad have been sentenced to 21 months jail term by Spanish court for tax related fraud. They were also slammed 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 offences for non-violent crimes carrying a sentence of less than two years.


The Argentina and Barcelona star and his father Jorge Horacio Messi were found guilty of using companies in Belize 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 Banco Sabadell, Danone, Adidas, Pepsi-Cola, Procter & Gamble and the Kuwait Food Company.

Source: AFP

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