Bernie Ecclestone charged with fraud over £400m assets
by Jasper Jolly from World news | The Guardian on (#619FC)
Former Formula One boss to appear in court in August after HMRC investigation, says CPS
Former Formula One boss Bernie Ecclestone will face charges of fraud by false representation after an investigation by UK tax authorities that allegedly found undeclared assets worth more than 400m overseas.
The UK's Crown Prosecution Service (CPS) said on Monday it had authorised the charging of Bernard Charles Ecclestone with fraud by false representation, following a [HM Revenue and Customs] investigation". The investigation was dubbed Operation Gallic by the authorities.
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