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Former F1 Supremo Ecclestone pleads guilty to £400m fraud
Article To news overview Ex-Formula 1 boss Bernie Ecclestone has pleaded guilty to fraud over failure to declare £400 million in a trust. On July 7 2015, Ecclestone failed to disclose a trust to the government regarding a bank account in Singapore that held roughly $650m. He was originally called to the Westminster Magistrates Court in August of last year, where he pleaded not guilty to the charges. Ecclestone was due to go on trial next month but appeared at the Southwark Crown Court on Thursday where he pleaded guilty. Viewed by others: F1 news FIA President warns circuits could lose F1 races over track limits Mercedes Mercedes find positive in Hamilton-Russell 'tension' Untrue or...
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2y ago from RacingNews365.com
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