Reports: Cristiano Ronaldo strikes deal on tax fraud case


first_imgPortugal’s Cristiano Ronaldo gestures to the fans at the end of the group B match between Portugal and Spain at the 2018 soccer World Cup in the Fisht Stadium in Sochi, Russia, Friday, June 15, 2018. (AP Photo/Francisco Seco)MADRID — Spanish media reports that Portugal forward Cristiano Ronaldo has agreed to plead guilty to tax fraud and pay a fine of 18.8 million euros ($21.8 milllion) in exchange for a prison sentence that would most likely be suspended.Spanish newspaper El Mundo reported Friday that Ronaldo is ready to admit to four counts of tax fraud that would carry a prison sentence of two years. Prison sentences not over two years in Spain are often suspended for first-time offenders.ADVERTISEMENT Winfrey details her decision to withdraw from Simmons film Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew In 2016, Barcelona forward Lionel Messi received a suspended 21-month jail sentence after being found guilty of defrauding tax authorities of 4.1 million euros (then $4.6 million). /mufSports Related Videospowered by AdSparcRead Next The deal has yet to be ratified by Spain’s Tax Office, according to different Spanish media including Europa Press news agency.Neither Spain’s Tax Office, its Ministry of Justice nor people close to Ronaldo would confirm the existence of a deal when called by The Associated Press.Reports of the deal came hours before Ronaldo scored three goals to give Portugal a 3-3 draw with Spain in their opening match of the World Cup in Russia.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownOne year ago, a Spanish state prosecutor accused Ronaldo of four counts of tax fraud from 2011-14 worth 14.7 million euros ($16.5 million). The prosecutor accused Ronaldo of having used shell companies outside Spain to hide income made from image rights. The accusation does not involve his salary from Real Madrid.Ronaldo denied any wrongdoing when questioned by a judge last July. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Dave Chappelle donates P1 million to Taal relief operations DepEd’s Taal challenge: 30K students displaced Bring them on Steam emission over Taal’s main crater ‘steady’ for past 24 hourscenter_img MOST READ Jury of 7 men, 5 women selected for Weinstein rape trial Volcano watch: Island fissures steaming, lake water receding View comments Don’t miss out on the latest news and information. LATEST STORIES In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ China population now over 1.4 billion as birthrate fallslast_img

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