Bernie Ecclestone charged with fraud after UK tax investigation

Former Formula One boss Bernie Ecclestone has been charged with fraud by false representation following an investigation by the UK tax authorities. The 91-year-old faces charges over an alleged failure to declare to HMRC overseas assets worth more than £400m, the Crown Prosecution Service said on Monday. Simon York, director of fraud investigation service at HMRC, said the charges followed a “complex and worldwide criminal investigation”. Ecclestone has an estimated net worth of £2.5bn.

The Times

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