Andorran Authorities Investigate Spanish Footballers Over Alleged Luxury Watch Tax Evasion Scheme
Andorran authorities are investigating several high-profile Spanish footballers, including Dani Carvajal and David Silva, over an alleged tax evasion scheme involving the purchase of luxury watches through a shell company.
Andorran authorities are investigating an alleged tax evasion scheme involving several high-profile Spanish footballers, according to reports from El Mundo and elDiario.es. Magistrate Joan Carles Moynat is leading the inquiry into Best In Asociados, a company accused of facilitating economic crimes for elite athletes.
The investigation centers on the purchase of luxury watches, including Rolex and Patek Philippe models. The scheme allegedly allowed buyers to avoid paying Value Added Tax (VAT) on these high-end timepieces, which can cost tens of thousands of euros each.
The list of players under investigation includes Dani Carvajal, César Azpilicueta, Santi Cazorla, and retired star David Silva. The case is linked to the arrest of Diego G. C., the head of the company, who has been held in provisional detention since October on charges of smuggling and money laundering.
To move the case forward, the Andorran court has requested assistance from Spanish authorities. Civil Guard agents are now gathering information from those involved to determine their level of participation. This ongoing investigation highlights a broader crackdown on the use of shell companies to bypass tax obligations on luxury goods within the European Union and neighboring regions.