The 92-year-old pleaded guilty at Southwark Crown Court on Thursday.
Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400 million held in a trust in Singapore to the Government.
The 92-year-old said “I plead guilty” at Southwark Crown Court on Thursday while standing in the well of the court wearing a dark suit and grey tie. On July 7 2015, the billionaire failed to declare a trust in Singapore with a bank account containing around 650 million US dollars, worth about £400 million at the time.
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.
Police officer moves to Oz to do fewer hours for £400 more a monthIn the UK John once had to do a 19.5-hour shift. He now earns £60k a year in a force with twice as many staff
Read more »
Ex-F1 boss Bernie Ecclestone, 92, ADMITS fraud after failing to declare £400MILLION in overseas assets...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…
Read more »
Former F1 boss Bernie Ecclestone pleads guilty to £400,000,000 fraudEcclestone had been charged with fraud by false representation.
Read more »
Save £130 on this PS5 console with EA FC 24 during the second Prime Day saleGet a disc-drive PS5 with EA FC 24 for just over £400 during the second Prime Day!
Read more »