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Ecclestone charged with $450-million tax related fraud
Deposed Formula 1 boss Bernie Ecclestone was told he will face trial next year for a charge of tax fraud related to more than $450-million of overseas assets. On Tuesday, the 91-year-old appeared at London's Southwark Crown Court accompanied by his wife Fabiana, having indicated a not guilty plea to one count of fraud by false representation at a hearing last month. Ecclestone is accused of having made an 'untrue or misleading' representation to the British tax authority between July 2013 and October 2016, according to the Crown Prosecution Service indictment. The indictment says the British billionaire dishonestly told HM Revenue and Customs that he 'established only a single trust' in...
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2y ago from GrandPrix247.com
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