Former F1 boss Bernie Ecclestone denies fraud charge over £400m overseas assets

Former F1 boss Bernie Ecclestone has denied a charge of fraud over an alleged failure to declare overseas assets that are worth more than £400m. 
Former F1 boss Bernie Ecclestone denies fraud charge

The 91-year-old entered a not guilty plea to a charge of fraud by false representation ꧂when he appeared at Westminster Magistrates’ Court in London on Monday. 

The charge was authorised aga🤡inst Ecclestone in July following a “complex and worldwide criminal investigation” relating tඣo a period between Juꦯly 2013 and October 2016.

Remote video URL

During the short hearing, Ecclestone was granted unconditional bail ahead of his next appearance at Southwark Crown Coꦬurt on September 19. 

Prosecutor Robert Simpson told the court: "During the course ofဣ that investigation he was asked about any trusts placed abroad that he wa💃s involved with.

"The Crown has based this charge on the basis he failed to declare a trust in Singapore with a b꧑ank account containing approximately $650m.”

Ecclestone ran F1 for four decades fro♔m the late 1970s until his reign ended in 2017 following US giant Liberty Media’s takeover of the sport. 

The ex-F1 supremo has made headlines for the wrong reasons in r𝐆ecent mo🐬nths. 

In May, he was168澳洲幸运5官方开奖结果历史: arrested in ജBrazꦚil for illegally carrying a gun while boarding a flight, before he was forced to apologise𓄧 for controversial comments made about Vladimir Putin

Ecclestone apologised to Sky after calling Putin a “first class person” and saying he would take a bullet for the Russian🦄 president, who approved an invasion of Ukraine in February. 

Read More