Ex-Formula One boss Bernie Ecclestone denies fraud charge
Former Formula One boss Bernie Ecclestone has denied a charge of fraud over his alleged failure to declare overseas assets worth more than 400 million pounds ($473 million
Ex-Formula One boss Bernie Ecclestone denies fraud charge
Show all 5Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Former Formula One boss Bernie Ecclestone on Monday denied a charge of fraud over his alleged failure to declare overseas assets worth more than 400 million pounds ($473 million.)
Ecclestone, 91, entered a not guilty plea as he appeared at Westminster Magistrates' Court in London for a brief hearing.
Prosecutors authorized a charge of fraud by false representation between July 2013 and October 2016 after British tax officials carried out a worldwide investigation into Ecclestone's finances.
The business magnate, who was dressed in a dark three-piece suit, was escorted into the court building's exit by security guards and his legal team.
He was granted unconditional bail ahead of his next appearance at Southwark Crown Court on Sept. 19.
Ecclestone headed Formula One racing and controlled the sport for for four decades from the 1970s to 2017, when he stepped down as chief executive and Liberty Media took over the series.
He was arrested in Brazil in May for carrying a gun in his luggage while boarding a plane.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.