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Tax fraud

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Ecclestone to pay $800m after pleading guilty to tax fraud

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Ecclestone to pay $800m after pleading guilty to tax fraud

By Chris Medland - Oct 12, 2023, 9:21 AM ET

Former Formula 1 CEO Bernie Ecclestone has been ordered to pay $800 million after pleading guilty to tax fraud in court in the United Kingdom.Ecclestone had previously entered a not guilty plea to the charge relating to a trust held in Singapore, having not disclosed it to the government back...

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