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

Farouk Mohammed
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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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Published: 2019/01/22
1 Min Read
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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

TAGGED:Cristiano RonaldoFootball
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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 development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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