Former F1 boss Bernie Ecclestone denies fraud charge over £400m overseas assets

Former F1 boss Bernie Ecclestone has denied a charge of fraud over an alleged failure to declare overseas assets that are worth more than £400m. 
Former F1 boss Bernie Ecclestone denies fraud charge

The 91-year-old entered 🍌a not guilty plea to a charge of fraud by false representation when he appeared at Westminster Magistrates’ Court in Lon𒁃don on Monday. 

The charge was autho🧜rised against Ecclestone in July following a “complex and worldwide crimin💛al investigation” relating to a period between July 2013 and October 20ꦛ16.

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During the short hearing, Ecclestone was granted unconditional bail ahead of his next 🎀appearance at Southwark Crown Court on September 19. 

Prosecutor Rober๊t Simpson told the court: "During the c🔜ourse of that investigation he was asked about any trusts placed abroad that he was involved with.

"The Crown has based this charge on the basis he failed to declare a trust in Singaporღe with a bank account containing approximately $650m.”

Eccಞlestone ran F1 for four decades from the late 1970s unt🃏il his reign ended in 2017 following US giant Liberty Media’s takeover of the sport. 

The ex-F1 s𓂃upremo has made&🃏nbsp;headlines for the wrong reasons in recent months. 

In May, he was💞168澳洲5最新开奖结果: arrested in Brazil for illeg🙈ally carrying a gun while boarding a flight, before he was forced to apologise for𓃲 controversi✃al comments made about Vladimir Putin

Ecclestone apologised to Sky after calling Putin a “first♔ class person” and saying he would take a bullet for the Russian president, who approved an invasi🍨on of Ukraine in February. 

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