Thursday 12 October 2023

EX-F1 BOSS BERNIE ECCLESTONE TO PAY $800 OVER TAX FRAUD

Reuters 

Ex-Formula One boss Bernie Ecclestone has agreed to pay more than 652 million pounds ($800 million), prosecutors said on Thursday, after he pleaded guilty to tax fraud.

The 92-year-old appeared at London's Southwark Crown Court and pleaded to one count of fraud by false representation, just over a month before he was due to stand trial.

Ecclestone, accompanied by his wife Fabiana, spoke only to confirm his name and to enter his plea. "I plead guilty," Ecclestone said.

- Reuters 

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