Ex-Formula One boss Bernie Ecclestone spared jail after admitting fraud

Ecclestone has been spared jail after admitting fraudulently failing to declare more than £400million held in a trust in Singapore to the Government.
Ex-Formula One boss Bernie Ecclestone spared jail after admitting fraud
Bernie Ecclestone was given a suspended prison sentence (Lucy North/PA)
Thu, 12 Oct, 2023 - 12:13
Josh Payne and Luke O'Reilly

Ex-Formula One boss Bernie Ecclestone has been spared jail after admitting fraudulently failing to declare more than £400million held in a trust in Singapore to the Government.

The court heard the 92-year-old has agreed a civil settlement of £652,634,836 in respect of sums due to HMRC over the course of 18 years.

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EcclestonePlace: UK
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