Bernie Ecclestone charged with fraud after 'failing to declare £400m'

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Bernie Ecclestone charged with fraud after 'failing to declare £400m'
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Ex F1 boss Bernie Ecclestone charged with fraud

The tycoon, 91, is accused of failing to declare overseas assets worth more than £400million to the taxman.Chief crown prosecutor Andrew Penhale said this afternoon that the CPS authorised the charge "in respect of his failure to declare to HMRC the existence of assets held overseas".

"It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.” “HMRC is on the side of honest taxpayers and we will take tough action wherever we suspect tax fraud.“We remind people to refrain from commentary or sharing of information that could prejudice proceedings in any way.Ecclestone will appear before magistrates in Westminster, London at 10am on August 22.

In a car-crash interview, the billionaire also ridiculed hero Ukrainian President Volodymyr Zelensky as a "comedian".

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