User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NBA
NHL
MLB
NCAA FB
NCAA BK
Golf
Auto Racing
Horses
More
Betting Tools

 
Argentine tax chief aims at fraud in trades

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

BUENOS AIRES, Argentina (AP) - Argentina's tax chief says his agency has found more fraud in football: about 150 efforts to buy and sell players in ways that evade taxes and launder money.

Advertisement
Tax chief Ricardo Etchegary cites the case of Fernando Gago, who was transferred from the Spanish team Valencia to Argentina's Boca Juniors. He also mentions Teofilo Gutierrez, a Colombian player sold by Mexico's Cruz Azul to Argentina's River Plate.

River coach Ramon Diaz says Gutierrez will miss this weekend's game while he gets his papers in order.

Echegaray said Friday that many players are traded between three or more clubs to keep the countries involved from collecting taxes on million-dollar deals, but warns that countries now exchange tax information constantly, exposing criminal behavior.

AP NEWS
The Associated Press News Service

Copyright 2014
The Associated Press
All Rights Reserved

  
HEADLINES
News: Bettors gearing up for EPL
Liverpool beats Man City on PKs
Capello to stay on as Russia coach
Everton signs striker Lukaku for $47M
Glazers set to raise $150M with shares
Everton signs striker Lukaku for $47M
Players describe punch that killed ref
Argentine soccer president dies
Advocaat introduced as Serbia coach
MORE HEADLINES
 
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!