IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL5.09▲ 0.30% USD/MXN17.34▲ 0.15% USD/CLP924.67▼ 0.69% USD/COP3,231▲ 0.87% USD/PEN3.39▲ 0.06% USD/ARS1,494▲ 0.57% USD/UYU40.27▲ 0.17% USD/PYG5,936▲ 0.08% USD/BOB12.07▼ 0.25% USD/DOP58.00▲ 0.02% USD/CRC448.42— 0.00% USD/GTQ7.62▼ 0.08% USD/HNL26.78▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES746.91▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.13% USD/TTD6.74▲ 0.40% EUR/BRL5.85▼ 0.12% BRENT 83.71 ▼ 7.11% WTI 80.08 ▼ 5.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,089 ▲ 0.98% SILVER 57.87 ▲ 0.48% SOY 1,194 ▲ 1.86% CORN 472.00 ▲ 7.09% WHEAT 653.25 ▲ 2.19% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.63 ▼ 2.21% CATTLE 342.28 ▼ 1.65% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.49 ▼ 2.35% ITUB4 42.95 ▲ 0.18% BBDC4 18.51 ▲ 0.54% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.63 ▼ 4.34% CMIN3 5.68 ▼ 0.53% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.14 ▼ 1.76% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.35 ▼ 0.86% RAIL3 14.16 ▼ 1.94% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.24 ▲ 0.58% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.30 ▼ 1.20% SANB11 28.70 ▲ 0.28% ASAI3 8.48 ▼ 0.24% SBSP3 27.21 ▼ 1.77% WALMEX 49.79 ▼ 0.92% GMEXICO 211.78 ▲ 1.95% FEMSA 216.48 ▼ 2.24% CEMEX 20.63 ▲ 0.59% GFNORTE 197.49 ▼ 1.54% BIMBO 61.16 ▼ 1.29% TELEVISA 9.62 ▼ 1.94% AMX 21.48 ▼ 2.67% GAP 375.92 ▼ 0.16% ASUR 276.82 ▲ 0.44% OMA 231.41 ▲ 0.03% KOF 185.32 ▼ 1.04% GRUMA 263.44 ▲ 2.02% KIMBER 39.97 ▼ 0.57% SQM-B 61,665 ▼ 1.65% COPEC 6,311 ▼ 0.61% BSANTANDER 80.22 ▼ 0.95% FALABELLA 6,280 ▲ 1.03% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 190.94 ▼ 1.43% LATAM AIR 25.27 ▲ 2.14% YPF 8,145 ▼ 1.75% GGAL 7,985 ▲ 1.31% PAMPA 5,510 ▼ 0.81% TXAR 655.50 ▼ 0.61% ALUAR 967.50 ▼ 1.02% TGS 9,910 ▼ 1.39% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,390 ▼ 0.40% ECOPETROL 16.55 ▼ 1.34% BANCOLOMBIA 90.86 ▼ 1.79% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 397.33 ▼ 0.81% SOUTHERN COPPER 185.14 ▲ 1.33% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,896 ▲ 0.94% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.66 ▲ 0.16% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.11% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.87 ▲ 0.42% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.21% GERDAU 4.99 ▲ 0.60% LATAM ADR 54.48 ▲ 3.25% BTC 63,812 ▲ 0.52% ETH 1,867 ▼ 0.83% SOL 73.63 ▲ 0.25% XRP 1.08 ▼ 0.43% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.34% DOGE 0.07 ▼ 0.58% AVAX 6.54 ▼ 0.02% LINK 8.24 ▼ 1.55% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.76 ▲ 0.58% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.43% HBAR 0.07 ▲ 0.96% NEAR 1.74 ▲ 1.66% ATOM 1.36 ▲ 7.29% AAVE 93.44 ▲ 1.56% SELIC 14.25% EMBRAER 90.30 ▲ 3.92% EMBRAER ADR 71.04 ▲ 3.97% JBS 13.82 ▼ 1.46% JBS BDR 70.25 ▼ 0.64% MBRF3 17.72 ▲ 1.03% MBRFY 3.42 ▼ 0.58% INTER 5.60 ▼ 0.09% IBOV 177,261.94 ▼ 0.41% IPSA 10,986.47 ▼ 0.28% IPC MEX 66,935.53 ▼ 0.58% MERVAL 3,273,672 ▼ 0.54% COLCAP 2,382.96 ▼ 0.38% BVL PERÚ 57,378.30 — — USD/BRL 5.09 ▲ 0.30% USD/MXN 17.33 ▲ 0.13% USD/CLP 924.85 ▼ 0.67% USD/COP 3,230 ▲ 0.86% USD/PEN 3.39 ▲ 0.06% USD/ARS 1,494 ▲ 0.57% USD/UYU 40.27 ▲ 0.17% USD/PYG 5,936 ▲ 0.08% USD/BOB 12.07 ▼ 0.25% USD/DOP 58.00 ▲ 0.02% USD/CRC 448.42 ▲ 0.00% USD/GTQ 7.62 ▼ 0.08% USD/HNL 26.78 ▲ 0.07% USD/NIO 36.62 — 0.00% USD/VES 746.91 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.24% USD/TTD 6.74 ▲ 1.26% EUR/BRL 5.85 ▼ 0.12% BRENT 83.71 ▼ 7.11% WTI 80.08 ▼ 5.42% IRON ORE 161.91 — — COPPER 6.53 ▲ 1.42% GOLD 4,089 ▲ 0.98% SILVER 57.87 ▲ 0.48% SOY 1,194 ▲ 1.86% CORN 472.00 ▲ 7.09% WHEAT 653.25 ▲ 2.19% COFFEE 321.15 ▼ 3.30% SUGAR 15.01 ▲ 2.39% ORANGE JUICE 159.10 ▲ 2.68% COTTON 81.39 ▲ 1.11% COCOA 5,903 ▲ 9.38% BEEF 226.63 ▼ 2.21% CATTLE 342.28 ▼ 1.65% LITHIUM 69.29 ▲ 0.10% PETR4 42.79 ▼ 1.45% VALE3 74.49 ▼ 2.35% ITUB4 42.95 ▲ 0.18% BBDC4 18.51 ▲ 0.54% ABEV3 15.86 ▼ 0.81% BBAS3 21.24 ▼ 0.52% B3SA3 15.64 ▼ 0.57% WEGE3 48.08 ▲ 1.86% PRIO3 58.59 ▼ 3.71% SUZB3 43.38 ▲ 0.14% RENT3 38.04 ▲ 1.14% AZZA3 16.22 ▼ 1.22% CSAN3 4.06 ▼ 0.25% RAIZ4 0.26 — 0.00% PCAR3 2.69 ▲ 3.86% GMAT3 3.99 ▼ 0.99% PSSA3 54.43 ▼ 0.49% CVCB3 1.44 ▲ 9.92% POSI3 3.54 ▼ 0.28% SLCE3 13.44 ▲ 0.45% NATU3 8.44 ▲ 0.72% BRKM5 5.86 ▼ 1.84% RANI3 8.40 ▲ 3.58% CSNA3 4.63 ▼ 4.34% CMIN3 5.68 ▼ 0.53% USIM5 7.57 ▲ 2.85% GGBR4 25.31 ▲ 1.32% ENEV3 26.77 ▲ 1.75% CPFE3 45.84 ▼ 0.65% CMIG4 11.14 ▼ 1.76% EQTL3 38.77 ▲ 0.28% LREN3 13.83 ▲ 1.69% VIVT3 32.35 ▼ 0.86% RAIL3 14.16 ▼ 1.94% KLABIN 18.29 ▲ 0.22% RAIA DROGASIL 18.60 ▲ 0.65% RDOR3 34.20 ▼ 1.27% HAPV3 11.77 ▲ 4.34% FLRY3 17.24 ▲ 0.58% SMTO3 14.40 ▼ 0.83% UGPA3 33.00 ▼ 0.15% VBBR3 36.18 ▲ 0.36% BBSE3 41.57 ▲ 0.75% BPAC11 57.07 ▲ 0.48% CURY3 31.36 ▲ 4.22% AERI3 2.16 ▲ 0.47% VIVARA 22.67 ▲ 2.21% COMPASS 24.82 ▼ 0.08% VAMOS 3.30 ▼ 1.20% SANB11 28.70 ▲ 0.28% ASAI3 8.48 ▼ 0.24% SBSP3 27.21 ▼ 1.77% WALMEX 49.79 ▼ 0.92% GMEXICO 211.78 ▲ 1.95% FEMSA 216.48 ▼ 2.24% CEMEX 20.63 ▲ 0.59% GFNORTE 197.49 ▼ 1.54% BIMBO 61.16 ▼ 1.29% TELEVISA 9.62 ▼ 1.94% AMX 21.48 ▼ 2.67% GAP 375.92 ▼ 0.16% ASUR 276.82 ▲ 0.44% OMA 231.41 ▲ 0.03% KOF 185.32 ▼ 1.04% GRUMA 263.44 ▲ 2.02% KIMBER 39.97 ▼ 0.57% SQM-B 61,665 ▼ 1.65% COPEC 6,311 ▼ 0.61% BSANTANDER 80.22 ▼ 0.95% FALABELLA 6,280 ▲ 1.03% ENELAM 87.79 ▼ 0.23% CENCOSUD 1,950 ▼ 0.25% CMPC 1,062 ▲ 0.64% BANCO CHILE 190.94 ▼ 1.43% LATAM AIR 25.27 ▲ 2.14% YPF 8,145 ▼ 1.75% GGAL 7,985 ▲ 1.31% PAMPA 5,510 ▼ 0.81% TXAR 655.50 ▼ 0.61% ALUAR 967.50 ▼ 1.02% TGS 9,910 ▼ 1.39% CEPU 2,378 ▼ 0.75% MIRGOR 1,655 ▼ 89.88% COME 43.58 ▼ 1.02% LOMA NEGRA 3,588 ▼ 0.90% BYMA 293.75 ▼ 0.59% TELECOM ARG 4,390 ▼ 0.40% ECOPETROL 16.55 ▼ 1.34% BANCOLOMBIA 90.86 ▼ 1.79% GRUPO AVAL 5.18 ▼ 1.89% CREDICORP 397.33 ▼ 0.81% SOUTHERN COPPER 185.14 ▲ 1.33% BUENAVENTURA 30.27 ▼ 0.05% MERCADOLIBRE 1,896 ▲ 0.94% NUBANK 14.47 ▲ 0.98% XP 17.04 ▼ 0.12% PAGSEGURO 9.66 ▲ 0.16% STONE 11.29 ▼ 0.79% GLOBANT 37.37 ▲ 2.10% TECNOGLASS 46.10 ▲ 6.11% GAP AIRPORT 216.87 ▼ 0.22% ASUR 276.82 ▲ 0.44% OMA AIRPORT 106.75 ▼ 0.14% AMX ADR 24.75 ▼ 2.37% FEMSA ADR 124.68 ▼ 2.59% CEMEX ADR 11.87 ▲ 0.42% PETROBRAS ADR 19.02 ▼ 1.96% VALE ADR 14.60 ▼ 3.09% ITAU ADR 8.47 ▲ 0.06% SANTANDER BR 5.69 ▲ 0.35% AMBEV ADR 3.08 ▼ 0.96% CSN 0.93 ▼ 5.21% GERDAU 4.99 ▲ 0.60% LATAM ADR 54.48 ▲ 3.25% BTC 63,812 ▲ 0.52% ETH 1,867 ▼ 0.83% SOL 73.63 ▲ 0.25% XRP 1.08 ▼ 0.43% BNB 591.55 ▲ 0.68% ADA 0.19 ▲ 1.34% DOGE 0.07 ▼ 0.58% AVAX 6.54 ▼ 0.02% LINK 8.24 ▼ 1.55% DOT 0.83 ▲ 3.79% LTC 44.11 ▼ 1.18% BCH 213.76 ▲ 0.58% TRX 0.33 ▲ 0.65% XLM 0.17 ▼ 1.43% HBAR 0.07 ▲ 0.96% NEAR 1.74 ▲ 1.66% ATOM 1.36 ▲ 7.29% AAVE 93.44 ▲ 1.56% SELIC 14.25% EMBRAER 90.30 ▲ 3.92% EMBRAER ADR 71.04 ▲ 3.97% JBS 13.82 ▼ 1.46% JBS BDR 70.25 ▼ 0.64% MBRF3 17.72 ▲ 1.03% MBRFY 3.42 ▼ 0.58% INTER 5.60 ▼ 0.09%
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Brazil’s Neymar Faces up to Six Years in Prison from Spanish Court

By · November 1, 2018 · 2 min read

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By Nelson Belen, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Superstar forward from Brazil, Neymar da Silva Santos Júnior, is facing up to six years in prison from a Spanish court over alleged fraud related to his 2013 transfer from Brazil’s FC Santos to Spain’s FC Barcelona.

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Neymar could face up to six years in prison according to Spanish judge, Jose Maria Vazquez Honrubia, photo internet recreation.
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According to local reports, judge Jose Maria Vazquez Honrubia, from Spain’s national court, has stated that the fraud case could lead to a sentence of “between four to six years in prison” for the 26-year-old.

Since the case carries the possibility of a sentence greater than five years, under Spanish law Judge Honrubia was forced to refer the case to Spain’s Criminal Chamber, a higher judicial body comprised of a three-judge panel.

In addition to Neymar, his parents, FC Barcelona president Josep Maria Bartomeu, Bartomeu’s predecessor Sandro Rosell, and FC Santos former president Odilio Rodrigues Filho, now all await trial for the fraud case that stems from a complaint filed by DIS, a Brazilian investment company that had partly owned Neymar’s rights.

DIS alleges that Barcelona and Santos intentionally falsified the true cost of the 2013 transfer fee to escape paying taxes and DIS’s portion of the fee, which DIS claims to be forty percent.

At the time of the deal, it was initially reported that the cost of the transfer fee was €57.1 million (US$64 million). But about a year after the deal was consummated, Barcelona admitted that the transfer fee they paid for Neymar was actually much higher: €86.2 million (US$96.6 million), a full €30 million ($32.6 million) more than originally stated.

The scandal led to the resignation of FC Barcelona club president Sandro Rosell and incited an investigation and fines from Spain’s tax authorities.

In response to Judge Honrubia’s transfer of the case to Spain’s Criminal Chamber on Wednesday (October 31st), Neymar’s representatives from NR Sports said in a statement that this only furthers their defense that “Spain does not have jurisdiction to judge DIS’s claim.”

Neymar is currently playing for French club Paris Saint-Germain, who he joined from FC Barcelona in the summer of 2017 in a world-record €222 million transfer (US$263 million).

With Neymar’s annual salary of €45 million (US$53 million) and a five-year contract, PSG’s total cost for Neymar is upwards of €400 million (US$500 million).

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