this post was submitted on 12 Oct 2023
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Formula 1

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Well... I wonder what his sentence will be

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[–] doublejay1999 37 points 1 year ago (2 children)

What’s that you say ? Another billionaire who bullied, cheated and lied his way to a fortune ?

I thought it was hard work ?

[–] [email protected] 14 points 1 year ago* (last edited 1 year ago)

This is grossly unfair. Not all billionaires bullied, cheated and lied their way to a fortune. Plenty of them inherited.

[–] [email protected] 4 points 1 year ago (1 children)

Is there even any other way?

[–] [email protected] 10 points 1 year ago

If it's a fine it's not a crime just the cost of doing business

[–] [email protected] 9 points 1 year ago (1 children)

This is the best summary I could come up with:


Former Formula One boss Bernie Ecclestone has pleaded guilty to fraud at Southwark crown court after failing to declare more than £400m of overseas assets to the UK government.

Ecclestone had pleaded not guilty to the charges in August, but changed his plea at a case management hearing on Thursday.

Ecclestone ran Formula One from the late 1970s until January 2017, a position that made him one of the most prominent people in global motorsport.

He was accused of fraud by false representation after allegedly failing to declare the existence of a trust in Singapore.

More to details to follow …


The original article contains 101 words, the summary contains 101 words. Saved 0%. I'm a bot and I'm open source!

[–] ItsABarmcake 0 points 1 year ago (2 children)
[–] JJROKCZ 5 points 1 year ago

It’s an article shortening bot and it literally copy pasted the entire article lol this is not a good time to praise it

[–] HonoraryMancunian 1 points 1 year ago
[–] 44razorsedge 4 points 1 year ago

So Bernie is listed (Wikipedia) at worth £3.5B and gets a £652,074,000.00 tax fine. That's 2% of his net worth. So if you were making £100,000.00 a year and got the same treatment for tax evasion you'd be fined £2,000.00. Like that would ever happen!!! Yup, sounds like HMRC is working for Bernie, no you...

[–] [email protected] 3 points 1 year ago

The punishment, one slap on the wrist..