BERNIE Ecclestone has pleaded guilty to fraud after failing to declare more than £400 million of overseas assets. The ex-Formula One boss, 92, admitted a single charge of fraud by false representat…
BERNIE Ecclestone has pleaded guilty to fraud after failing to declare more than £400 million of overseas assets.
The ex-Formula One boss, 92, admitted a single charge of fraud by false representation between July 13, 2013 and October 5, 2016.He said "I plead guilty" at Southwark Crown Court while standing in the well of the court wearing a dark suit and grey tie today.On July 7, 2015, the billionaire failed to declare a trust in Singapore with a bank account then containing around about £400m.
The tycoon, who has three grown-up daughters - Deborah, 68, Tamara, 38, and Petra, 34 - and a young son, Ace, wasEcclestone is also one of the UK's richest men and was last last year ranked 65th in the The Sunday Times Rich List - with an estimated net worth of £2.5billion.JEN BARES ALL
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lee Sharpe lifts the lid on Leeds United move and Sir Alex Ferguson relationshipThe former Leeds United winger admits he didn't want to leave Manchester United
Read more »
Coleen Nolan admits she's 'never liked' Loose Women star and 'still doesn't'Ruth Langsford was discussing the impact of first impressions and how people can judge someone based on their initial thoughts.
Read more »
Ferdinand praises McTominay but admits concern over new Man Utd signingScott McTominay came off the bench to grab two late goals for Man United on Saturday having been available for sale in the summer.
Read more »
Kyogo admits Celtic form frustration and vows to make two improvementsThe striker is almost averaging a goal every other game but he's not totally thrilled by his start to the season.
Read more »
Driver admits killing man after drinking five glasses of vodkaBarry McManus was killed on his wife's birthday when Vladimar Kovac drove into him.
Read more »
Three patients died after colonoscopy care failures, NHS Greater Glasgow and Clyde admitsNHS Greater Glasgow and Clyde (NHSGGC) said the doctor responsible was suspended in November last year and has since left the health board.
Read more »