France's National Financial Prosecutor, or PNF, which specializes in probing alleged high-profile white-collar crimes, suspects Netflix of "covering up serious tax fraud and off-the-books work", Reuters quoted a judicial source as saying.

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

French authorities raided Netflix offices in France on Tuesday as part of an investigation into alleged tax fraud and concealed employment, local media reported. According to reports by weekly news magazine Marianne and daily newspaper Libération,