US EditionEx-Formula One boss Bernie Ecclestone admits fraud
- Former Formula One boss Bernie Ecclestone admitted fraud at a court hearing, pleading guilty to failing to declare millions of dollars held in a trust in Singapore to Britain's government.
- Ecclestone agreed to pay over €652 million in a criminal tax fraud charge for failing to disclose assets held in a Singapore bank to British authorities.
- Ecclestone's relationship with Russian President Vladimir Putin and his controversial comments about the invasion of Ukraine have come under scrutiny.
101 Articles
101 Articles
Former Formula One boss Bernie Ecclestone pleads guilty to fraud
Former Formula One boss Bernie Ecclestone admitted fraud at a court hearing Thursday after prosecutors charged him with failing to declare millions of dollars held in a trust in Singapore to Britain’s government. The 92-year-old billionaire, who wore a dark suit, said “I plead guilty” at Southwark Crown Court in…
Ex-F1 boss Bernie Ecclestone spared jail after admitting tax fraud
Ex-Formula One boss Bernie Ecclestone was spared an immediate prison sentence on Thursday after he pleaded guilty to misleading Britain’s tax authority about overseas assets worth more than 400 million pounds ($492 million).
Former F1 boss Ecclestone pleads guilty to fraud charges - La Prensa Latina Media
London, Oct 12 (EFE).- Bernie Ecclestone, former Formula One boss, has been sentenced to 17 months in prison and fined 653 million pounds (798m US dollars) after pleading guilty to fraud. Ecclestone, 92, admitted to concealing 400 million pounds from the United Kingdom’s Treasury. He pleaded guilty Thursday in a London court to a fraud charge which authorities began investigating in July 2015. Ecclestone has reached an agreement with Inland Reve…
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