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Arantxa Sanchez Vicario

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world1 month ago•3 min saved

Fortune Vanished: The saga of Arantxa Sanchez Vicario's drained wealth

Former world No. 1 Arantxa Sanchez Vicario says her $41 million fortune was drained by her ex-husband Josep Santacana; prosecutors found they hid assets to dodge debts to Banque de Luxembourg, with Santacana convicted of fraud and sentenced to three years and three months in prison. Sanchez Vicario, who retired in 2002, calls herself a victim and says she’s repaying debts, while noting a 2009 tax-fraud fine she previously faced; the couple divorced in 2019.

via New York Post|

#arantxa-sanchez-vicario #banque-de-luxembourg #fortune-vanished

sports2 years ago•0 min saved

"Arantxa Sánchez Vicario, Tennis Major Winner, Found Guilty of Fraud"

Former tennis star Arantxa Sánchez Vicario and her ex-husband were found guilty of fraud for hiding assets to avoid paying debts to a bank, resulting in a two-year prison sentence for Sánchez Vicario, which was waived due to her first-time offender status and contingent on repaying the debts. Her ex-husband received a three-year-and-three-months sentence, and the couple must pay a $7.1 million fine.

via USA TODAY|

#arantxa-sanchez-vicario #debts #fraud

sports2 years ago•1 min saved

"Arantxa Sánchez Vicario Found Guilty of Fraud, Escapes Prison Sentence"

Former tennis star Arantxa Sánchez Vicario and her ex-husband have been found guilty of fraud by a Spanish court for hiding assets to avoid paying a multimillion-euro debt, resulting in a two-year prison sentence for Sánchez Vicario and a three-year and three-month sentence for her ex-husband. However, Sánchez Vicario will not serve time in prison as her sentence was waived due to being a first-time offender. The pair must also pay a 6.6 million euro fine.

via ESPN|

#arantxa-sanchez-vicario #financial-fraud #fraud

sports2 years ago•2 min saved

"Arantxa Sánchez Vicario Receives Suspended Sentence for Fraud"

Former Spanish tennis star Arantxa Sanchez Vicario and her ex-husband have been convicted of hiding assets to avoid paying a 7.6 million-euro debt to Banque de Luxembourg, resulting in a suspended jail term for her and a three-year, three-month jail term for him. They were also ordered to pay 6.6 million euros in compensation to the bank and unspecified fines. Sanchez Vicario, the first Spanish player to reach the top of women's tennis rankings, had blamed her ex-husband for the fraud, but the court found that she had full knowledge of the operations and benefited from them.

via Reuters|

#arantxa-sanchez-vicario #banque-de-luxembourg #fraud