Former Formula One boss Bernie Ecclestone has pleaded guilty to fraud at Southwark crown court after failing to declare more than £400m of overseas assets to the UK government.
Ecclestone had pleaded not guilty to the charges in August, but changed his plea at a case management hearing on Thursday.
Ecclestone ran Formula One from the late 1970s until January 2017, a position that made him one of the most prominent people in global motorsport.
He was accused of fraud by false representation after allegedly failing to declare the existence of a trust in Singapore.
More to details to follow …
The original article contains 101 words, the summary contains 101 words. Saved 0%. I’m a bot and I’m open source!
This is the best summary I could come up with:
Former Formula One boss Bernie Ecclestone has pleaded guilty to fraud at Southwark crown court after failing to declare more than £400m of overseas assets to the UK government.
Ecclestone had pleaded not guilty to the charges in August, but changed his plea at a case management hearing on Thursday.
Ecclestone ran Formula One from the late 1970s until January 2017, a position that made him one of the most prominent people in global motorsport.
He was accused of fraud by false representation after allegedly failing to declare the existence of a trust in Singapore.
More to details to follow …
The original article contains 101 words, the summary contains 101 words. Saved 0%. I’m a bot and I’m open source!
Good bot
It’s an article shortening bot and it literally copy pasted the entire article lol this is not a good time to praise it
Ehhhh…