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Italian football clubs under probe for tax fraud

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Naples: In an investigation targeted at dozens of clubs in top three football divisions in Italy, around 12 million euros worth assets from 58 individuals were seized by Italian tax police as alleged tax evasion.

The investigations were impounded after the request of prosecutors in Naples. The assets included cash, clubs and real estate. Assets seized were of a total of 64 people over an alleged tax fraud scheme.

The Investigation was started after the transfer of Lavezzi from Napoli and after the Paris Saint-German reported the probe regularly in 2012, which appears to involve 35 clubs in Serie A, Serie B and Lega Pro.

Aurelio De Laurentiis, Lazio owner Claudio Lotito, Serie A leaders Napoli, AC Milan director general Adriano Galliani, former Argentina international and Modena coach Herman Crespo, and Jean Claude Blanc, who manages Paris Saint-German are under investigation.

Several present as well as former Serie A players including Argentinian forward Ezequiel Lavezzi, Lazio agent Alessandro Moggi are also allegedly under probe along with Palermo owner Maurizio Zamparini, former Parma president Tommaso Ghirardi, former Juventus president Jean Claude Blanc.

According to prosecutors, instead of splitting with players, agents also charged entirely to the clubs.

While some marginal benefits for players were avoided by the system, the clubs then decreased the fees from their tax payments, prosecutors added.

In Italy, some Argentinean agents also avoided taxation by setting up with companies and by using wrong end documents.

Lazio’s lawyer Gian Michele Gentile said that they also don’t have any information regarding this as they also got to know through Media.

Lazio and Atalanta denied the ‘wrongdoing’ and said that they have full faith in the investigation.(Inputs from agencies)

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Italian Regulators Fine Facebook 10 mn Euros

Facebook Italy recently agreed to "make a payment of more than 100 million euros" to end a fiscal fraud dispute with Italian authorities

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400 mn using Facebook Watch, now available on desktop. Pixabay

Italian regulators have fined Facebook 10 million euros for selling users’ data without informing them.

The competition watchdog handed Facebook two fines totalling 10 million euros, “also for discouraging users from trying to limit how the company shares their data”, Italian portal The Local reported on Saturday.

Facebook “misleadingly gets people to sign up… without informing them in an immediate and adequate way of how the data they will provide will be harvested for commercial purposes”, read a statement from Italy’s AGCM consumer and market watchdog.

The authority has directed Facebook to publish an apology to users on its website and on its app.

Reacting to this, a Facebook spokesperson said they are reviewing the authority’s decision.

Facebook, data
This photo shows a Facebook app icon on a smartphone in New York. VOA

“We hope to work with them to resolve their concerns. This year we made our terms and policies clearer to help people understand how we use data and how our business works,” the spokesperson was quoted as saying.

“We also made our privacy settings easier to find and use, and we’re continuing to improve them. You own and control your personal information on Facebook,” the statement said.

Facebook Italy recently agreed to “make a payment of more than 100 million euros” to end a fiscal fraud dispute with Italian authorities.

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Ireland’s Data Protection Commission (DPC), which is Facebook’s lead privacy regulator in Europe, in October opened a formal investigation into the fresh Facebook data breach which affected 50 million users, that could result in a fine of $1.63 billion.

“The investigation will examine Facebook’s compliance with its obligation under the General Data Protection Regulation (GDPR) to implement appropriate technical and organisational measures to ensure the security and safeguarding of the personal data it processes,” said DPC. (IANS)