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COSTA DO SAUIPE, BAHIA - DECEMBER 05:  Former Italy footballer Fabio Cannavaro attends the Draw Assistants Press Conference during a media day ahead of the 2014 FIFA World Cup Draw at Costa do Sauipe Resort on December 5, 2013 in Costa do Sauipe, Brazil.  (Photo by Clive Mason/Getty Images)
COSTA DO SAUIPE, BAHIA - DECEMBER 05: Former Italy footballer Fabio Cannavaro attends the Draw Assistants Press Conference during a media day ahead of the 2014 FIFA World Cup Draw at Costa do Sauipe Resort on December 5, 2013 in Costa do Sauipe, Brazil. (Photo by Clive Mason/Getty Images)Clive Mason/Getty Images

Fabio Cannavaro Investigated for Tax Fraud: Latest Details and Comment

Nick AkermanOct 22, 2014

World Cup-winning captain Fabio Cannavaro is under investigation for tax fraud, Italian police have confirmed.

Angus MacKinnon of the Agence France-Presse reported the news on Twitter:

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Cannavaro, who is regarded as one of football's greatest defenders by many, is being investigated for the period between 2005-10, according to Sky Sports. He has had assets worth €900,000 seized after officials confirmed a legal enquiry into a boat-rental service he ran with his wife. 

The prosecutor has confirmed the case relates to a "massive tax fraud put in place by the 'Fd Service srl', a luxury boat charter company that the former footballer and his wife Daniela Arenoso operated," per the aforementioned report.

BERLIN - JULY 09:  The Italian players celebrate as Fabio Cannavaro of Italy lifts the World Cup trophy aloft following victory in a penalty shootout at the end of the FIFA World Cup Germany 2006 Final match between Italy and France at the Olympic Stadium

Cannavaro represented Juventus and Real Madrid during the time period, which is set to come under examination. The 41-year-old, who retired at the Dubai-based club Al-Ahli in 2011, also represented Napoli, Parma and Inter Milan during his 19-year career.

He is famous for his heroic performances during Italy's 2006 World Cup win. In the same year, he became only the third defender ever to capture the coveted Ballon d'Or award, prior to Lionel Messi and Cristiano Ronaldo taking grip of the sport's top individual prize.

Similar to Messi, it seems the Italian stalwart will now have legal proceedings to wade through. Leo and his father, Jorge, continue to deal with court proceedings over alleged tax evasion.

ROME - AUGUST 30:  Fabio Cannavaro of Juventus gestures during the Serie A match between Roma and Juventus at Stadio Olimpico on August 30, 2009 in Rome, Italy.  (Photo by Paolo Bruno/Getty Images)

It is alleged the duo defrauded the Spanish state of more than €4 million by filing incomplete tax returns between 07-09, but Jorge insists his son was unaware of the family's financial dealings, reported by Reuters and via The Guardian.

Cannavaro can now expect similar media attention in light of his investigation.

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