Netflix In Hot Water As Tax Fraud Investigators Raid French, Dutch Offices: Report

Quick Summary:

What Happened: The offices of the streaming giant were searched by investigators on Tuesday morning as part of a preliminary inquiry into alleged tax fraud and money laundering, reported Reuters.

The investigation, led by the French National Financial Prosecutor’s Office (PNF,) is focused on potential financial crimes and corruption.

The probe, which began in November 2022, has led to searches at Netflix’s offices in central Paris and its European headquarters in Amsterdam.

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Article Details

Author / Journalist: Navdeep Yadav

Category: Technology

Markets: United StatesFranceItalyNetherlands

Topics: General Entertainment US64110L1061 Netflix Paris Benzinga News Global Markets Benzinga neuro Tech NFLX Equities

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 12:34:39 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 321 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23431195

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