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Bernie Ecclestone has been charged with tax fraud [edited]


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#1 SophieB

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Posted 11 July 2022 - 12:38

@SkyNewsBreak
The CPS has authorised the charging of Bernie Ecclestone with fraud by false representation – following HMRC investigation

 
For more on this and other news visit


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#2 JimmyClark

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Posted 11 July 2022 - 12:42

Failing to declare £400m of assets  :eek:

 

Now we know why he moved to Brazil. 



#3 Seano

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Posted 11 July 2022 - 13:12

Looks like the CPS are going to charge Bernie with a 400 million fraud.

 

I think he'd be well advised to use the alzheimer's defence!

 

Seano


Edited by Seano, 11 July 2022 - 13:13.


#4 Rodaknee

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Posted 11 July 2022 - 13:14

Obviously that's all we can say until the court case has been settled.

 

Bernie Ecclestone charged with fraud over assets worth £400m

 

https://www.telegrap...ets-worth-400m/


Edited by Rodaknee, 11 July 2022 - 13:15.


#5 Widefoot2

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Posted 11 July 2022 - 13:17

I am shocked. Shocked!

 

 

 

[That he was caught*]

 

 

 

[*Allegedly]



#6 djr900

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Posted 11 July 2022 - 13:25

I would be very surprised if he was found guilty, with the lawyers he can afford.

Didn't he ALLEGEDLY bribe someone a few years ago, and the person who took the bribe went to jail and nothing happened to BE ?

Edited by djr900, 11 July 2022 - 13:37.


#7 Scaboo22

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Posted 11 July 2022 - 13:28

Damn, he could only be left with like 2 billion after this ... and in the prime of his life, that's gonna sting.



#8 macjim

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Posted 11 July 2022 - 13:46

It's a crying shame we have an extradition treaty with Brazil now  :p

 

Mind you didn't Biggs get around it by having a child with a Brazilian, so he's ticked that box.



#9 mmmcurry

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Posted 11 July 2022 - 14:08

I would be very surprised if he was found guilty, with the lawyers he can afford.

Didn't he ALLEGEDLY bribe someone a few years ago, and the person who took the bribe went to jail and nothing happened to BE ?

 

Was that the one in Germany where he paid a fortune to the courts as a one off payment as non admission of guilt, but the charges went away?



#10 FLB

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Posted 11 July 2022 - 14:18

I would be very surprised if he was found guilty, with the lawyers he can afford.

Didn't he ALLEGEDLY bribe someone a few years ago, and the person who took the bribe went to jail and nothing happened to BE ?

 

The Bernie Ecclestone-Gerhard Gribkowsky affair explained - F1 Fanatic (racefans.net)



#11 juicy sushi

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Posted 11 July 2022 - 14:21

Looks like the CPS are going to charge Bernie with a 400 million fraud.

donald-glover-good.gif



#12 BRG

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Posted 11 July 2022 - 14:24

Sometimes, just somethimes, there is a piece of good news.



#13 Clatter

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Posted 11 July 2022 - 14:25

Damn, he could only be left with like 2 billion after this ... and in the prime of his life, that's gonna sting.

Didn't he put everything into one of his wife's names?

#14 Casey

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Posted 11 July 2022 - 14:29

Peanuts for Bernie , he has a net worth of  $3.3 billion !



#15 jjcale

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Posted 11 July 2022 - 14:32

 

@SkyNewsBreak
The CPS has authorised the charging of Bernie Ecclestone with fraud by false representation – following HMRC investigation

 
For more on this and other news visit

 

 

That's what happens if you are too complimentary about Putin/Russia at the moment .... they set the tax man on you. 

 

I have friends who are still being rectally probed by HMRC because they gave money to Vote Leave years ago  ...



#16 garoidb

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Posted 11 July 2022 - 14:53

Has this been cleared with Vladimir Putin?



#17 Autodromo

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Posted 11 July 2022 - 15:07

It always baffles me why people with more money than they or their kids can possibly spend still cheat on taxes.



#18 slothdroid

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Posted 11 July 2022 - 15:23

It always baffles me why people with more money than they or their kids can possibly spend still cheat on taxes.


I've always assumed that at some point it goes beyond accumulating wealth and becomes a high score game.

#19 dissident

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Posted 11 July 2022 - 16:31

It always baffles me why people with more money than they or their kids can possibly spend still cheat on taxes.

Somehow I don't picture Bernie filling his tax returns himself...

 

Same with footballers and other high income individuals, of course.



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#20 cpbell

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Posted 11 July 2022 - 16:32

Somehow I don't picture Bernie filling his tax returns himself...

 

Same with footballers and other high income individuals, of course.

Maybe his accountant did a Jimmy Carr on him.



#21 New Britain

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Posted 11 July 2022 - 16:34

That's what happens if you are too complimentary about Putin/Russia at the moment .... they set the tax man on you. 

 

I have friends who are still being rectally probed by HMRC because they gave money to Vote Leave years ago  ...

Bernie complimented Putin a few days ago. I don't think HMRC move quite that quickly!



#22 kensaundm31

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Posted 11 July 2022 - 17:03

They've got their facts wrong, I'd take a bullet for that man, he's as honest as the day is long.



#23 Laster

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Posted 11 July 2022 - 17:08

I've always assumed that at some point it goes beyond accumulating wealth and becomes a high score game.

I recall a quote of BE’s, it was - “Life’s a game and money keeps the score.”

https://www.racefans...ecclestone-era/

Edited by Laster, 11 July 2022 - 17:11.


#24 jjcale

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Posted 11 July 2022 - 17:21

Bernie complimented Putin a few days ago. I don't think HMRC move quite that quickly!

 

The investigation was already going on - but the decision was made after the ill advised "I would take a bullet for Putin" comment .... which he tried to walk back ... but it was too late. 

 

Edit - and lots of people have investigations that go on for years .... a guy just became chancellor and it came out that he too had a long running investigation. 

 

But not everyone gets a decision made against them shortly after they praise the leader of a country that we are basically at war with.  


Edited by jjcale, 11 July 2022 - 17:28.


#25 ch103

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Posted 11 July 2022 - 17:22

at least we only have to hear about Bernie once every 5 years now...



#26 jonpollak

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Posted 11 July 2022 - 17:58

There is a direct flight from Praia Bernster to Novosibirsk.
First class cabin as well.

Jp

#27 loki

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Posted 11 July 2022 - 18:05

It's a crying shame we have an extradition treaty with Brazil now  :p

 

Mind you didn't Biggs get around it by having a child with a Brazilian, so he's ticked that box.

But with that haul he makes ol’ Ronnie look like an amateur…

 

:rotfl:  :rotfl:



#28 MKSixer

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Posted 11 July 2022 - 18:58

I am shocked. Shocked!

 

 

 

[That he was caught*]

 

 

 

[*Allegedly]

I'm at a loss for words.  

 

F1 has always been a pristine sport beyond the reach of avaricious individuals and their ilk.  Mr. Ecclestone should be properly ashamed of himself for bringing our sport into disrepute with his association with these shenanigans.  First it's complimenting Putin. Next an embarrassingly small handgun.  Now this.  

 

I don't know what I will do to salve the wounds of my surprise at this news.



#29 masa90

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Posted 11 July 2022 - 19:16

I would be really surprised if Bernie ever actually gets any jail time. He can just stall for aslong as possible, he is surely not getting any younger.



#30 pacificquay

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Posted 11 July 2022 - 21:34

Given Mr Ecclestone has been charged with a criminal offence and the case is now active, contempt of court law prevents it being discussed.



#31 OvDrone

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Posted 11 July 2022 - 22:02

This is all Hamilton's fault. 



#32 MKSixer

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Posted 11 July 2022 - 22:24

This is all Hamilton's fault. 

And his vile fans.



#33 Izzyeviel

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Posted 11 July 2022 - 22:45

And his vile fans.

 Neil Hamilton has fans?



#34 krapmeister

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Posted 12 July 2022 - 00:46

This is all Hamilton's fault.


What's a musical got to do with Bernie? :confused:

#35 William Hunt

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Posted 12 July 2022 - 02:02

I hope he spents the rest of his short remaining life in prison. Tax evasion is pure theft of the public, of the population. And we pay the price for it in the form of budget cuts on public services and austerity.



#36 ExFlagMan

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Posted 12 July 2022 - 06:53

They've got their facts wrong, I'd take a bullet for that man, he's as honest as the day is long.

As in at the North Pole in mid-winter.



#37 Pimpwerx

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Posted 12 July 2022 - 09:18

No sympathy. Throw the book at him.



#38 Ellios

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Posted 12 July 2022 - 09:33

Not the first time Bernie has bumped into HMRC, I doubt he's very bothered at all. 

 

HMRC do generally like to settle quickly and without fuss of course there will be high profile examples (for forum users to use) but this can be dealt with amicably if they agree payment terms. 

 

I doubt they will draw and quarter him for our online viewing pleasure. 



#39 Vitesse2

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Posted 12 July 2022 - 09:33

As pacificquay has pointed out above, this is essentially sub judice.

 

Whatever your personal opinions about Mr E, please take a moment before posting to reflect on whether anything you've written is potentially defamatory and/or libellous. Autosport's lawyers would be grateful not to have the extra work!



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#40 jonpollak

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Posted 12 July 2022 - 10:09

My direct flight thing is ok though right?
I mean it’s not sub Judy or anything.

Jp

#41 DeKnyff

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Posted 12 July 2022 - 10:35

I would be really surprised if Bernie ever actually gets any jail time. He can just stall for aslong as possible, he is surely not getting any younger.

 

I don't think he would go to jail at 91, even less for a non-violent crime.



#42 BRG

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Posted 12 July 2022 - 10:55

Not the first time Bernie has bumped into HMRC, I doubt he's very bothered at all. 

 

HMRC do generally like to settle quickly and without fuss of course there will be high profile examples (for forum users to use) but this can be dealt with amicably if they agree payment terms. 

 

I doubt they will draw and quarter him for our online viewing pleasure. 

I imagine there have already been opportunities to settle, but BE hasn't taken them.  Now HMRC are playing hard ball by passing this to the CPS, but I am sure that if BE were to be more amenable to a settlement, it would all get cleared up quietly.   But I foresee another Earnest Saunders style farrago.



#43 PlatenGlass

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Posted 12 July 2022 - 11:53

Given Mr Ecclestone has been charged with a criminal offence and the case is now active, contempt of court law prevents it being discussed.

Is that why the news never discusses crimes that go to court?

#44 Vitesse2

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Posted 12 July 2022 - 13:23

Is that why the news never discusses crimes that go to court?

Pretty much. Judges can also impose reporting restrictions which essentially mean cases are held 'in camera', often until the verdict - and sometimes long afterwards, where reporting could prejudice the outcome of other prosecutions.

 

To put it in theoretical context with Bernie, it has long been an unsubstantiated rumour - which he has strenuously denied - that he was in some way involved with financing the Great Train Robbery in 1963. So, in the unlikely event of evidence coming to light that he might have been involved in that and the CPS decide to prosecute, the tax case would continue, but completely disappear from public view until a verdict was reached in the Great Train Robbery case.



#45 PlatenGlass

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Posted 12 July 2022 - 13:31

Pretty much.


I was actually being sarcastic because court cases (so after charges made) are reported and discussed on the news. But thanks for the info anyway. I feel bad now.

#46 Sam1

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Posted 15 July 2022 - 11:57

Looks like the CPS are going to charge Bernie with a 400 million fraud.

I think he'd be well advised to use the alzheimer's defence!

Seano


All assets will no longer be in his name he will be dead soon (as in he is of old age ) so he won't care what the cps do

#47 Earthling

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Posted 22 August 2022 - 12:17

https://youtu.be/z-E-QBWs07I

 

Hiding something, or hiding?

 

 



#48 BRG

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Posted 22 August 2022 - 16:02

Oh, happy day.  Bernie in court and bailed until next hearing in September.



#49 Ben1980

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Posted 22 August 2022 - 19:14

400million. If that's what they've found to charge him, think of the amount not found.