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HomeInternationalJUST IN: Carlo Ancelotti Gets 1-Year Jail for Tax Fraud

JUST IN: Carlo Ancelotti Gets 1-Year Jail for Tax Fraud

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Brazil national team head coach Carlo Ancelotti has been sentenced to one year in prison for tax fraud committed in 2014 during his first spell as manager of Real Madrid, according to a report by EFE news agency.

The Spanish court found that Ancelotti failed to properly declare income earned during the 2014 tax year, leading to a conviction for defrauding Spanish tax authorities. In addition to the prison sentence, the veteran Italian coach has been fined €386,361.93.

Over €1 Million in Alleged Tax Fraud

The Spanish Prosecutor’s Office accused Ancelotti of defrauding a total of €1,062,079 in taxes during the 2014 (€386,361) and 2015 (€675,718) tax years.

 

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