Former Barcelona star Andrés Iniesta is facing an investigation by Peruvian authorities over allegations of aggravated fraud involving around €500,000 (approximately US $600,000).

According to El Español, Iniesta’s company, Never Say Never (NSN), and its Peruvian branch, NSN Sudamerica S.A.C, are accused of collecting funds from local investors to organize sports and music events that were never held.

The companies were reportedly liquidated in 2024 after investors demanded accountability for the missing money. Iniesta’s representatives have denied the claims, calling them “malicious” and expressing confidence that the Peruvian justice system will resolve the matter fairly.

The investigation is still at an early stage, and the Spanish football legend has not been formally charged.