Reported by Reuters

Investigators searched the offices of U.S. streaming giant Netflix (NFLX.O) in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tuesday.

French paper Marianne, which first reported the searches, said investigators specialising in financial crime and corruption raided the company’s offices in central Paris on Tuesday morning.

The French investigation, carried out by the PNF, a special financial crime prosecution unit notorious for pursuing high-stakes white-collar probes that often involve large international companies, was opened in November 2022.

Dutch authorities were simultaneously searching the company’s European headquarters in Amsterdam, the French judicial source said.

Read full report: https://www.reuters.com/business/media-telecom/investigators-search-netflix-offices-france-netherlands-source-2024-11-05/