"According to the outlet, club president Joan Laporta and vice president Rafa Yuste have been formally charged in connection with an alleged fraud case dating back to 2016, involving a sum of €91,500. The matter is currently being handled by the Court of Instruction number 22 of Barcelona, which has summoned Laporta and Yuste to testify as suspects on January 16."
"Court documents confirm that the lawsuit has been formally admitted. The case centres on alleged irregularities linked to two companies, namely, Core Store, based in Spain, and CSSB Limited, both of which were connected to the accused individuals at the time the events took place. The origins of the case date back to mid-2016, when the complainant reportedly invested €50,000 in the form of a loan through a private banking intermediary."
"The loan carried an interest rate of 6% and was directed towards Core Store, a company that had presented a plan focused on supporting Reus Deportivo in its ambition to climb from Segunda División B to the Segunda División. In addition to the loan, the investor also spent a further €54,000 to acquire shares in CSSB Limited. The purpose of that investment was reportedly the development of a football training academy in China, inspired by Barcelona's renowned youth model, La Masia."
Joan Laporta and Rafa Yuste have been formally charged over an alleged 2016 fraud involving €91,500. Court of Instruction number 22 of Barcelona has summoned both to testify as suspects on January 16. Former directors Xavier Sala i Martin and Joan Oliver have also been called to appear. Court documents confirm the lawsuit has been admitted and point to alleged irregularities connected to Core Store and CSSB Limited. The case traces to mid-2016, when an investor provided a €50,000 loan at 6% to Core Store and spent €54,000 on CSSB shares intended to fund a football academy in China. This is the third open case involving Laporta linked to those companies.
Read at Barca Universal
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