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Ex-Formula 1 Boss Bernie Eccletone Pleads Guilty to £400 Million Tax Fraud

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Published on 12 Oct 2023 / In News & Politics

'Ex-Formula 1 Boss Bernie Eccletone Pleads Guilty to £400 Million Tax Fraud' Former Formula One boss Bernie Ecclestone was given a suspended prison sentence Thursday after he pleaded guilty to a fraud charge over his failure to declare millions of dollars held in a trust in Singapore to Britain's government. The 92-year-old billionaire agreed to a civil settlement of 652.6 million pounds ($803 million) over funds that were owed to Britain's tax office over the course of 18 years. #news #formula1 #fraud Subscribe here: http://bit.ly/ODNsubs TikTok: https://www.tiktok.com/@ondemandnews Twitter: https://twitter.com/ODN Facebook: https://www.facebook.com/ODN/ If you wish to purchase any of our clips for commercial use, please visit: http://www.itnproductions.co.uk/news/

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