Ex-F1 boss Bernie Ecclestone pleads guilty to tax fraud charge
Former Chief Executive of the Formula One Group Bernie Ecclestone arrives for a fraud case hearing at Southwark Crown Court in London, UK, Oct 12, 2023.
PHOTO: Reuters
PUBLISHED ONOctober 12, 2023 9:37 AM
LONDON — Ex-Formula One boss Bernie Ecclestone pleaded guilty in a London court on Thursday (Oct 12) to one count of fraud for making dishonest representation to UK's tax authority.
The 92-year-old appeared at Southwark Crown Court and pleaded to one count of fraud by false representation, just over a month before he was due to stand trial.
Prosecutors said Ecclestone made untrue or misleading representations to HM Revenue and Customers at a July 2015 meeting, when he said he "established only a single trust" in favour of his daughters.
Ecclestone, accompanied by his wife Fabiana, spoke only to confirm his name and to enter his plea.
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