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Ecclestone in court Monday for hiding $480-million assets

Former Formula 1 ‘dictator' Bernie Ecclestone is accused of falsely claiming he had only set up a single trust for his daughters in an alleged failure to declare £400-million ($480-milion) of overseas assets to the Government, according to court documents. 91-year-old Ecclestone is due to appear at Westminster Magistrates’ Court on Monday to face a charge of fraud by false representation between July 13 2013 and October 5 2016. According to the court listing, the former F1 supremo allegedly claimed that he had “established only a single trust, that being one in favour of your daughters” and is also alleged to have said “other than the trust established for your daughters you...
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