Bernie Ecclestone: Former F1 boss to be charged with fraud over assets worth more than £400m [CNBC]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: CNBC
The charge against the 91-year-old was authorised by the Crown Prosecution Service (CPS) on Monday following an investigation by Revenue and Customs (HMRC). Andrew Penhale, Chief Crown Prosecutor, said: “The CPS has reviewed a file of evidence from HMRC and has authorised a charge against Bernard Ecclestone of fraud by false representation in respect of his failure to declare to HMRC the existence of assets held overseas believed to be worth in excess of £400m. “The Crown Prosecution Service reminds all concerned that criminal proceedings against this defendant are now active and that they have a right to a fair trial. “It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.” Simon York from HMRC said that the investigation had been “complex and worldwide”. “We can confirm that a fraud by false representation charge has been authorised against Bernard Ecclestone,” he said.
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LSXMA
Sec Filings
- 4/25/24 - Form DEF
- 4/25/24 - Form ARS
- 4/17/24 - Form SC
- LSXMA's page on the SEC website