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French and Dutch investigators raid Netflix offices in search of alleged financial irregularities
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French and Dutch investigators raid Netflix offices in search of alleged financial irregularities

PARIS (AP) — Prosecutors and police investigators specializing in the fight against fraud and corruption raided Netflix (NFLX) offices in France and the Netherlands on Tuesday, in an investigation into suspected financial irregularities, judicial officials said.

French and Dutch authorities have been working together for many months on the investigation focused on alleged laundering of tax fraud and clandestine work, said a judicial official in France who spoke on condition of anonymity because of French secrecy laws that apply to judicial investigations.

PARIS, FRANCE - NOVEMBER 5: The Netflix logo is seen at the entrance of the headquarters of American entertainment company Netflix on November 5, 2024 in Paris, France. French publication Marianne reported that financial crime investigators searched Netflix offices in Paris and Amsterdam on Tuesday morning. (Photo by Chesnot/Getty Images)PARIS, FRANCE - NOVEMBER 5: The Netflix logo is seen at the entrance of the headquarters of American entertainment company Netflix on November 5, 2024 in Paris, France. French publication Marianne reported that financial crime investigators searched Netflix offices in Paris and Amsterdam on Tuesday morning. (Photo by Chesnot/Getty Images)

Netflix headquarters on November 5, 2024 in Paris, France. (Chesnot/Getty Images) (Chesnot via Getty Images)

French police investigators carried out searches at the streaming giant’s French headquarters, the judicial official said. Investigators from a police squad specializing in major tax fraud, money laundering, corruption and white-collar financial crimes were accompanied by officials from the French national prosecutor’s office that also combats financial crimes, the official said.

The investigation was opened in November 2022, the official said.

In the Netherlands, Dutch prosecutors also raided Netflix’s European headquarters in Amsterdam. Emma Bosma, spokesperson for the National Office for Serious Fraud, Environmental Crime and Asset Confiscation, said the raid was carried out at the request of French authorities.

Netflix did not immediately respond to a written request for comment sent to its online media center about the raids and investigation.

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AP correspondent Mike Corder in The Hague, Netherlands, contributed.