Soccer Star Will Have to Go to Trial for Alleged Tax Evasion

The ongoing tax saga of soccer star Lionel Messi will continue. That news comes after a judge in Spain ruled that the Barcelona FC star would indeed have to stand trial for tax fraud charges in association with his many endorsement deals with foreign companies. The news comes just days after a report stated that Mr. Messi would not have to go to trial, and that only his father would face the courtroom.

Not So Fast

However, the Spanish judge ruled otherwise and said that Mr. Messi and his father should both have to go to trial. Even though his lawyers argued that Mr. Messi did not have any hands-on dealings with his endorsement contracts, the judge ruled that he “couldn’t have ignored” that a large part of his revenue was coming from foreign companies. If he is convicted, the soccer star could receive a sentence for as long as 22 months.

No Jail Time Likely

However, the good news for Mr. Messi is that even if he is found guilty of the charges he will most likely not spend any time behind bars. That’s because sentences for financial crimes shorter than two years are typically suspended according to Spanish law. In addition, Mr. Messi and his father have reportedly either already paid, or have agreed to pay, the missing tax money, plus interest.

Posted in
AI Powered Office

Transform Your Leadership: Ultimate Guide to AI-Powered Leadership

Artificial Intelligence has transcended its role as a technological advancement to become a strategic asset in the executive toolkit through AI-Powered Leadership. With the advent of machine learning, natural language processing, and data analytics, AI enables leaders to make more informed, data-driven decisions. The integration of AI-Powered Leadership practices signifies a paradigm shift in how…

Ethos, AI, and Internet Governance with Fadi Chehadé

Ethos, AI, and Internet Governance with Fadi Chehadé

Fadi Chehadé, Founder & Managing Partner Ethos Capital LLC, former ICANN CEO & Sr. Advisor to World Economic Forum‘s Executive Chairman, discusses AI, internet governess power, and Ethos on Alan Olsen‘s American Dreams Show.   This week on American Dreams, we sit down with Fadi Chehadé as he shares his journey from starting as a church custodian in LA to…

Unlocking Leadership and Global Insights with Lew Cramer

Unlocking Leadership and Global Insights with Lew Cramer

Lew Cramer, CEO of Colliers International, former White House Fellow and Director General of the U.S. and Foreign Commercial Service, discusses unlocking leadership and global insights on Alan Olsen‘s American Dreams Show. Leadership and Global Insights In today’s fast-paced world, where global connections and leadership are more critical than ever, learning from seasoned professionals like Lew Cramer can…

Chester Wooley on Where Philanthropy and Venture Capital Meet

Geoff “Chester” Wooley, Co-founder Patamar Capital and current board member of SKS Microfinance, India’s largest microfinance bank, discusses where philanthropy and venture capital meet on Alan Olsen‘s American Dreams Show. Transcript:   Geoff Woolley  0:00   Philanthropy and a family office’s investing is quite separate from each other. Depending on the size of the family office, its foundation or…