Moto2, 24 years in prison and a 12 million Euros fine for Sito Pons

The owner of the Pons Racing Moto2 team is accused of having declared false residency in Monaco and London to evade taxes in Spain, along with several other tax offenses

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Sito Pons is in trouble. The Prosecutor of the Spanish Republic requested a 24-year prison term and a fine of more than 12 million Euros against the manager, as reported by Diario ABC, and also payment of 2.7 million Euros in taxes he supposedly evaded between 2010 and 2014.

Pons is accused of committing six tax offenses for alleged fraud against the tax agency. According to the charge, the former rider and owner of the Pons Racing Moto2 team allegedly simulated living in Monaco and London in order evade taxes, as well as having used shell companies to hide his earnings from the Spanish and Catalan tax agencies.

Sito Pons had already been investigated in 2018 by the Barcelona court for having falsely declared residency in foreign countries.

 

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Translated by Leila Myftija

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