Shakira settles tax fraud case with massive fine

By MediaMonkey

November 20, 2023

Shakira has been in a spot of legal bother in Spain, as she’d been charged with tax fraud. While Shakira denied doing anything wrong, she was about to stand trial and faced eight years in prison….

Despite claiming innocence she decided not to risk it, and has settled with the prosecutors by agreeing to pay a $7.5 million fine, which is roughly five million less than they said she owed.

She said she’d settled to secure her future with her children.

“Throughout my career, I have always strived to do what’s right and set a positive example for others,” she said. “Unfortunately, and despite these efforts, tax authorities in Spain pursued a case against me as they have against many professional athletes and other high-profile individuals, draining those people’s energy, time, and tranquillity for years at a time… While I was determined to defend my innocence in a trial that my lawyers were confident would have ruled in my favour, I have made the decision to finally resolve this matter with the best interest of my kids at heart who do not want to see their mom sacrifice her personal well-being in this fight…” She said she needed to “move past the stress and emotional toll of the last several years and focus on the things I love – my kids and all the opportunities to come in my career”.

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