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Diego Costa Appeared in Court For Tax Fraud

Atletico Madrid forward Diego Costa appeared in court wearing a white mask in the Spanish capital, Madrid, Thursday (05/04/2020). The former Chelsea star ratified the agreement with the prosecutor in resolving the tax fraud case that ensnared him.

Diego Costa Appeared in Court For Tax Fraud

 

Atletico Madrid forward Diego Costa appeared in court wearing a white mask in the Spanish capital, Madrid, Thursday (05/04/2020). The former Chelsea star ratified the agreement with the prosecutor in resolving the tax fraud case that ensnared him.

The prosecutor sentenced him to six months in prison and a fine of 507,208 euros to punish Costa for cheating the Spanish state worth 1,014,416 euros in 2014.

According to a court ruling issued last month, Costa, 31, was proven not to have made a payment of 5,150,622 euros for transfers from Atletico to Chelsea in 2014, as well as more than one million euros in image rights.

As highlighted by El Mundo, the former Chelsea star will not spend time behind bars because he has agreed to pay a fine instead.

That is in line with Spanish law that allows criminal penalties under two years for non-violent crimes to be replaced with financial penalties.

Costa has returned a few months ago worth 62,376 euros which he had embezzled during the 2014 financial year, and he agreed to pay an additional 36,500 euros in penalties to avoid jail.

‘Costa has made an agreement with prosecutors a few months ago and has already paid a fine plus interest and a prison sentence has been withdrawn,’ Atletico’s spokesman told Reuters on Wednesday. ‘This week it is hoped the agreement will be ratified in court, as required.’

Written by Tony Stark

Tony Stark is a design enthusiast, blogger, and teacher. He is the only son in his family. After completing his graduation, Tony worked as a sportswriter in The Daily Observer for two years. In 2019, he quitted his job and joined as a writer in the New Jersey Hour team.

Contact Email: tony@www.newjerseyhour.com