Marcelo accused of tax fraud News - Daily Sports Nigeria

Navigation: Home / News / Euro Soccer Update / Marcelo accused of tax fraud

Marcelo accused of tax fraud

By Daily Sports on October 18, 2017

Real Madrid and Brazilian defender, Marcelo has been accused of tax fraud totalling nearly half a million euros a judicial source confirmed on Tuesday.

Spanish authorities believe Marcelo hid €490 917 earned from his image rights using a network of shell companies outside of Spain.

According to court documents, Marcelo earned €1 168 764 from his image rights in 2013, which were ceded to a Uruguayan company but should have been declared to the Spanish authorities.

Marcelo is just the latest in a series of star players based in Spain to be accused of tax fraud on income related to image rights in the past few years.

Real Madrid's all-time leading scorer Cristiano Ronaldo appeared in court in July over accusations he evaded €14.7 million worth of tax between 2011 and 2014.

Barcelona duo Lionel Messi and Javier Mascherano received 21-month and one-year suspended sentences respectively after being found guilty of tax fraud over their image rights in 2016.

However, five-time World Player of the Year Messi's sentence was later replaced by a €252 000 fine. © AFP

•Photo shows Marcelo.

Source Daily Sports

Posted October 18, 2017