Former Italy captain Fabio Cannavaro under investigation for major tax fraud

Former World Cup winner Fabio Cannavaro is under investigation for tax evasion.

Italian police say Cannavaro, who captained Italy to the World Cup title in 2006, has had assets worth €900,000 seized as they look into the financial records of a luxury boat rental service that the retired defender operated with his wife, Daniela Arenoso.

The prosecutor in Cannavaro's hometown of Naples confirmed that the company's financial dealings from 2005-2010 are being investigated "in relation to a massive tax fraud."

- With translation from FOX Soccer