Former F1 Boss Bernie Ecclestone Failed To Declare Hundreds Of Millions In Overseas Assets
Nonagenarian Ecclestone owes £652M in penalties and back taxes, receives 17-month suspended sentence
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Nonagenarian Ecclestone owes £652M in penalties and back taxes, receives 17-month suspended sentence
Thursday, October 12, 2023 – Ex-Formula One boss, Bernie Ecclestone has pleaded guilty to fraud for failing to declare more than £400million held in a Singapore trust to the Government after agreeing to pay the taxman more than £652million. Judge Simon Bryan gave Ecclestone a 17-month sentence suspended for two years, meaning he would only go…
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