To jail? Jorge Lorenzo at the center of the controversy for an investigation


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Jorge Lorenzo

Jorge Lorenzo does not have a moment of peace, despite not being active in MotoGP. The five-time World Champion is once again in the focus of all sports media and not so much. According to a newspaper in his country, the former pilot of Yamaha is being investigated for a strong tax evasion to the treasury of his country.

Lorenzo usually shares his luxuries and expenses on social networks. In recent days he published a very expensive trip to Dubai, to a hotel of the chain Versace, one of the most expensive in the Arab country. In addition, the former driver regularly shares his home in Switzerland and his collection of cars, including a late-model Ferrari.

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The newspaper that released the news is ‘El Confidencial’. According to this medium, Lorenzo is one of the many names that is on a list investigated by the Spanish National Court. The number 99 would have participated in an offshore circuit that diverted huge amounts of money to avoid currency controls from various European bank headquarters.

On the other hand, the Spanish newspaper assures that Lorenzo “used a whole tax engineering system that included the diversion of assets to Andorra, Monaco and Switzerland for more than 850,000 euros.” In addition, the newspaper adds that: “Lorenzo is an old acquaintance of the Tax Agency, who has opened regulatory files on income of which he was not aware”.

Finally, the newspaper article indicates that this is of great help for researchers of different causes. “It serves as a springboard for in-depth research, a whole pilgrimage of assets in search of destinations that would provide greater tax incentives and the best armor to manage the fortune wrought in his years on the circuits.”

The post To jail? Jorge Lorenzo at the center of the controversy for an investigation appeared first on El Intra Sports.


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