Image source: Crash
P1racenews AI automatic summary:
Former F1 supremo Bernie Ecclestone has been handed a 17-month suspended prison sentence after pleading guilty to fraud.
At the Southwark Crown Court on Thursday morning, the 92-year-old admitted to failing to declare £400m in overseas assets. Bernie Ecclestone, known for his involvement in Formula 1, had allegedly concealed the sum in a Singapore trust. Last August, he denied these allegations, but was charged with fraud by false representation in October. Wearing a dark grey suit and a grey tie, Ecclestone stated “I plead guilty” during the court appearance.
Source: Crash
