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November 21 2024 5.16pm

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Bernie Ecclestone investigated by HMRC

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Forest Hillbilly Flag in a hidey-hole 11 Jul 22 6.09pm Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

[Link]

"Former Formula 1 boss Bernie Ecclestone will be charged with fraud by false representation following an investigation into overseas assets believed to be worth more than £400m.

The 91-year-old spent 40 years as the head of F1 before being removed as its chief executive officer in 2017.

The Crown Prosecution Service said the charge follows an investigation by HMRC." (BBC)

So when someone accumulates a large amount of wealth, there will always be speculation. My concern lies in the timing of the investigation, and why it has taken so long (probably around 20years) to reach this point.
Ecclestone must have upset someone, or just getting sloppy with accounting at this stage in life.

Use the default Harry Redknapp defence, "oh, I forgot about that incredibly large amount of money I'd hidden away offshore".
It worked for him

 


I disengage, I turn the page.

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Yellow Card - User has been warned of conduct on the messageboards Hrolf The Ganger Flag 12 Jul 22 8.30am Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Coming days after he praised Putin.

What a coincidence.

 

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YT Flag Oxford 12 Jul 22 8.41am Send a Private Message to YT Add YT as a friend

Originally posted by Forest Hillbilly

[Link]

"Former Formula 1 boss Bernie Ecclestone will be charged with fraud by false representation following an investigation into overseas assets believed to be worth more than £400m.

The 91-year-old spent 40 years as the head of F1 before being removed as its chief executive officer in 2017.

The Crown Prosecution Service said the charge follows an investigation by HMRC." (BBC)

So when someone accumulates a large amount of wealth, there will always be speculation. My concern lies in the timing of the investigation, and why it has taken so long (probably around 20years) to reach this point.
Ecclestone must have upset someone, or just getting sloppy with accounting at this stage in life.

Use the default Harry Redknapp defence, "oh, I forgot about that incredibly large amount of money I'd hidden away offshore".
It worked for him

Why are you concerned?

 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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Forest Hillbilly Flag in a hidey-hole 12 Jul 22 6.43pm Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

I'm sure Bernie has enough in the bank to be able to reach an agreeable settlement with HMRC and avoid any unnecessary publicity
around his business affairs.

Edited by Forest Hillbilly (12 Jul 2022 6.44pm)

 


I disengage, I turn the page.

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PalazioVecchio Flag south pole 12 Jul 22 8.19pm Send a Private Message to PalazioVecchio Add PalazioVecchio as a friend

Aged 91. Wandering around Brazil with a pistol in his underpants. And an Andy warhol wig.

Hilarious

 


Kayla did Anfield & Old Trafford

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