Former Formula One boss Bernie Ecclestone arrives at Southwark Crown Court in London, where he is charged with fraud by false representation over an alleged failure to declare £400 million of overseas assets to the Government.Ex-Formula One boss Bernie Ecclestone pleaded guilty in a London court on Thursday to one count of fraud for making dishonest representation to Britain's tax authority.
The 92-year-old appeared at Southwark Crown Court and pleaded to one count of fraud by false representation, just over a month before he was due to stand trial. Prosecutors said Ecclestone made untrue or misleading representations to HM Revenue and Customers at a July 2015 meeting, when he said he "established only a single trust" in favour of his daughters.
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