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Peru Opens Fraud Investigation Into Andrés Iniesta-Linked NSN Subsidiary

The inquiry follows investor complaints of more than $600,000 in losses after NSN Sudamérica’s 2024 bankruptcy.

Overview

  • Prosecutors have opened a preliminary probe into alleged aggravated fraud tied to NSN Sudamérica, with fiscal documents listing Andrés Iniesta, Paul Valderrama Rubio and Carlos Gómez Pintor as founders in April 2023.
  • The case stems from complaints by Gucho Entertainment and other Peru-based investors who say they funded events that never materialized and were left with losses exceeding $600,000.
  • NSN Sudamérica was declared bankrupt in June 2024, and authorities say the operators failed to provide accounts or return investments during liquidation.
  • Only the Upa Upa Fest went ahead and reportedly lost money, while planned friendlies and a PeruSpain legends match were canceled.
  • Iniesta and NSN publicly denied the accusations, expressed confidence in the Peruvian courts and reserved the right to take legal action, and no charges or convictions have been announced.