The 91 Year Old Moto Racing Magnate Faces Ten Years In Prison If Convicted Of Fraud And Tax Evasion
Former F1 And FIA Boss Bernie Ecclestone Charged With Tax Evasion
It seems that former FIA and F1 boss Bernie Ecclestone can't catch a break.
was arrested in Brazil for not declaring he had a firearm, he's been
hounded for his Pro-Putin comments, and now he's been arrested for
tax evasion and fraud.
is currently in Ibiza, Spain, too frail to attend the trail here in
the UK, but has said that he'll give himself over to British
authorities in Gibraltar if found guilty.
HMRC claims that the billionaire owes the British government £400
Million ($473 Million) in unpaid taxes, spanning from 2015 to 2021.
to Forbes, Ecclestone is worth £2.5 Billion ($3 Billion).
Ecclestone is due before Westminster Magistrates on August 22nd,
which he will be attending by video link.