Cristiano Ronaldo Accused of Tax Fraud in Spain

World famous footballer, Cristiano Ronaldo is accused of evading 5.7 million euros in taxes in Spain.

After settling a tax evasion case with Spanish tax authorities, the 33-year-old footballer will be fined 3.2 million euros ($3.7 million) and sentenced to 24 months in prison.

The star is unlikely to go to prison as Spanish law states a sentence of less than two years for a first offence can be served on probation.

Also Read: UNDERGROUND LIQUID WATER ‘LAKE’ FOUND ON MARS 

Ronaldo will be required to pay the 3.2-million-euro fine plus the 5.7 million Euros in back taxes, 1 million euros in accrued interest and 250 euros-per-day for the 48 months covering the prison sentence.

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