He is implicated in a scam worth millions of dollars. Former Brazilian footballer Ronaldo de Assis Moreira (43), commonly known as Ronaldinho has failed to appear before Brazil's Chamber of Deputies over a lawsuit about his alleged cryptocurrency pyramid scheme. It is reported that the Barcelona legend could end up in prison again if he repeatedly fails to appear before the legislative body.
SUMMONED
Ronaldinho was summoned to appear before the Brazilian Chamber of Deputies as part of an investigation into one of his companies allegedly involved in a crypto pyramid scheme. If the veteran footballer continues ignoring the summons, police will "use force" to make him appear before the legislative body.
A SUSPECT
Ronaldinho became a suspect after the name of one of his companies appeared in the investigation into a scam. The company, '18kRonaldinho' is reported to have offered false monetary gains of over 2% per day to investors who put a minimum of $30, about R560 in virtual currencies into his company. His name appeared only as an 'ambassador' in the company's glossary. The company had originally been founded only to be a watch and jewellery trader. The complaint was generated by the customers of his alleged company after they began noticing irregularities. According to Brazilian media, the Brazilian Public Protector's office reported that the company later shifted its focus to a cryptocurrency-based financial pyramid, of which Ronaldinho is now accused of swindling. His lawyers say the former footballer is a victim of the company and that his name was used illegally to swindle the money. The retired footballer previously spent over seven months in prison in Paraguay for allegedly entering the country with a fake passport.