Recently, Rays shortstop Wander Franco has been the subject of an investigation by the Dominican Republic’s Attorney General’s Office. The investigation is looking into allegations of tax fraud and money laundering.
Franco, who is considered one of the top prospects in Major League Baseball, is accused of failing to pay taxes on income earned from his baseball contracts in the Dominican Republic. The Attorney General’s Office has presented evidence to support the allegations, including bank statements, contracts, and other documents.
The evidence presented by the Attorney General’s Office includes bank statements showing large deposits and withdrawals from Franco’s accounts. The documents also show that Franco had multiple contracts with Dominican Republic teams, which he failed to declare to the government.
The Attorney General’s Office also presented evidence that Franco used his accounts to transfer large sums of money to third parties. These transactions are believed to be related to money laundering activities.
The investigation is ongoing and it is unclear what the outcome will be. However, if Franco is found guilty, he could face jail time and hefty fines. This could have a significant impact on his baseball career, as he is expected to make his Major League debut in 2021.
It remains to be seen how this investigation will play out, but it is clear that prosecutors have presented a strong case against Franco. It will be interesting to see how this case progresses and what the outcome will be.
