French and Dutch Authorities Raid Netflix's Paris and Amsterdam Offices in Tax Fraud and Money Laundering Probe

Nov 5, 2024, 01:36 PM

French and Dutch authorities raided Netflix's offices in Paris and Amsterdam on Tuesday morning as part of an investigation into alleged tax fraud and money laundering. The coordinated raids were conducted by specialist financial investigators from both countries. The French National Financial Prosecutor's Office (PNF), known for high-stakes financial probes, initiated the investigation in November 2022. Investigators are examining suspicions of 'covering up serious tax fraud and off-the-books work' by the streaming giant.