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Reading: Cristiano Ronaldo pleads guilty to tax fraud, slammed with $4.1m fine
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Cristiano Ronaldo pleads guilty to tax fraud, slammed with $4.1m fine

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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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January 22, 2019 - 1:27 pm
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Cristiano Ronaldo has been ordered on Tuesday to pay 3.57 million euros ($4.1 million) for committing tax fraud when he was at Real Madrid, a Madrid court ruled.

The court sentenced Ronaldo to a two-year jail sentence that it immediately reduced to a fine of 365,000 euros, which adds on to another penalty of 3.2 million euros, the sentence read.

A court spokesman said it was not immediately clear if this fine would be added onto the 18.8 million euros that Ronaldo had agreed to pay Spain’s taxman under a deal reached in June last year.

AFP

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