Brazilian football legend Ronaldinho Gaucho is facing the possibility of detention as authorities seek his testimony in a cryptocurrency fraud investigation in Brazil. Reports from local media indicate that Ronaldinho has missed his scheduled appearances before the country's Congr ess as part of an investigation into pyramid schemes associated with one of his companies.
Ronaldinho, renowned for his time with Paris Saint-Germain, Barcelona, and AC Milan, defied a subpoena for the second time on August 24, failing to testify at a congressional hearing, attributing his absence to adverse weather conditions. Congressman Oreo Ribeiro stated that Ronaldinho will be given another chance to testify on August 31. Should he once again fail to appear, law enforcement may compel his attendance before the committee.
In Brazil, witnesses summoned to appear before Congress are legally obligated to do so. Those who disregard subpoenas can face fines and even be forcibly brought to Congress by the police. The investigation focuses on Ronaldinho's business venture named "18kRonaldinho ," which allegedly promised investors over 2% daily returns on their cryptocurrency investments. The company has faced a lawsuit for more than $61 million due to its failure to deliver such profits. This case is now part of a larger probe into cryptocurrency fraud in the country. Ronaldinho's legal team contend that he was merely an "ambassador" for the company and a victim of the scam himself. They argued that his image and name were misappropriated without authorization for fraudulent activities. In addition to this cryptocurrency venture,Ronaldinho also engaged in the creation of non-fungible tokens (NFTs) in collaboration with INFLUXO in 2021.
It's noteworthy that in 2020, ronaldinho and his brother Roberto de assis we arise for userdPorts to Enter the country. 0 Days in PRISON. Assis is Also Implicated in the ONGOING Investigation Relate to Cryptocurrency Fraud.
