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Spain prosecutor accuses Falcao, Coentrao of hiding millions

Reuters , Tuesday 16 May 2017
Falcao
AS Monaco v Juventus - UEFA Champions League Semi Final First Leg - Stade Louis II, Monaco - 3/5/17 Monaco's Radamel Falcao looks dejected after the match Reuters
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The Spanish prosecutor in Madrid said on Tuesday it had filed a lawsuit against soccer players Radamel Falcao and Fabio Coentrao, accusing them of hiding almost 7 million euros ($7.7 million) from the tax office between 2012 and 2014.

Falcao, a Colombian who played for Atletico de Madrid from 2011 to 2013 and now plays for Monaco, has been accused of failing to properly declare a total of around 5.6 million euros earned from image rights.

Portugal's Coentrao, who plays for Real Madrid, is accused of failing to correctly declare almost 1.3 million euros, also earnings from image rights.

Real Madrid declined to comment. Neither Atletico or the two players' agents were not available for comment.

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