Formula 1's Former CEO Is Ordered to Pay $802 Million After Pleading Guilty to Fraud
Bernie Ecclestone failed to disclose that he had hundreds of millions of dollars in a trust in Singapore.
Source: yahoo.com
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Bernie Ecclestone, Former Formula 1 CEO, Must Pay $802 Million – Robb Report
Bernie Ecclestone, the former CEO of Formula 1, must pay $802 million after pleading guilty to fraud. He also received a suspended sentence.
Source: robbreport.com
Ecclestone given suspended prison sentence on fraud charges
Bernie Ecclestone was spared immediate prison sentence after pleading guilty to misleading Britain's tax authority about overseas assets.
Source: grandprix247.com
This week in tax: Ex-F1 boss Bernie Ecclestone guilty of tax fraud
The ex-Formula One Group chief executive avoids a prison term despite the plea, while Ireland and Portugal announce investments in sovereign wealth funds
Source: internationaltaxreview.com
92-Year-Old Bernie Ecclestone Buys His Way Out Of Jail For $792 Million
Former F1 boss Bernie Ecclestone told the U.K. tax authority that he controlled just one trust for his daughters when, in fact, he controlled many overseas accounts worth hundreds of million of dollars
Source: carscoops.com