Brazil court freezes Neymar’s Assets, Including yacht and jet

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A Brazilian court has issued an order to seize football star, Neymar’s assets.

The Barcelona FC player is currently facing investigation over alleged tax evasion during his time with home country club Santos between 2011 and 2013.

Last year, Neymar, his family and related businesses were found guilty of evading taxes around $16 million.

The 24-year-old’s assets seized include his yacht, a private jet and several properties worth almost $50 million.

Brazilian media reported on Monday that a Sao Paulo federal court rejected an appeal from the Brazilian striker last week and started issuing warrants to freeze the assets.

Neymar used the jet to travel to Brazil for World Cup qualifying matches and holidays.

Iagaro Jung Martins, an auditor with Brazil’s federal tax agency, told The Associated Press that Neymar isn’t likely to go to jail if he pays what regulators say he owes.

“He can still appeal that decision, but it is a step forward,” Martins told the AP. “Nothing changed to what was in place last year: if he pays what he owes, the case is closed. Our legislation isn’t too harsh.”

The assets seizure is the latest in a streak of bad news for the Brazilian star off the pitch.

On Feb. 2, Neymar and his father were questioned for three hours in a Madrid court about alleged shady deal in his transfer to Barcelona.

Source: AP

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