Quote:
Originally Posted by stealthn
Holy Cow!
The 92-year-old did not declare more than £400m held in a trust in Singapore when asked by tax authorities in 2015.
Ecclestone has agreed in a civil settlement to repay almost £653m to HM Revenue and Customs (HMRC), a court heard.
He was sentenced to 17 months in prison, suspended for two years.
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Dang, I keep forgetting about my 400 million dollar accounts in Singapore as well. I wonder what his net worth is. I guess it is down 653 million pounds now.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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