Ex-F1 boss Bernie Ecclestone facing fraud charge over £400m of overseas assets

The charge against the 91-year-old was authorised by the Crown Prosecution Service on Monday following an investigation by Revenue and Customs

Bernie Ecclestone is facing a charge of fraud by false representation after an investigation by Her Majesty’s Revenue and Customs. (Tony Marshall/PA)

Former Formula One boss Bernie Ecclestone will be charged with fraud by false representation over an alleged failure to declare £400 million of overseas assets to the government.

The charge against the 91-year-old was authorised by the Crown Prosecution Service (CPS) on Monday following an investigation by Revenue and Customs (HMRC).