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Ex-F1 boss Bernie Ecclestone pleads guilty to fraud

Case involves tycoon’s alleged failure to declare £400m worth of overseas assets to HMRC

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.

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