The Irish Times

The Irish Times online. Latest news including sport, analysis, business, weather and more from the definitive brand of quality news in Ireland.

https://www.irishtimes.com/

Boris Becker jailed for over two years for hiding assets to avoid paying debts.

Three-time Wimbledon champion Boris Becker has been jailed for 2½ years for hiding £2.5 million worth of assets and loans to avoid paying debts when he declared bankruptcy five years ago.

He was found guilty of four charges under the Insolvency Act including transferring money to his former wife Barbara and estranged wife Sharlely and acquitted on 20 other counts.

“It is notable you have not shown remorse or acceptance of your guilt,” judge Deborah Taylor told him as he appeared at London’s Southwark Crown Court wearing a Wimbledon tie. “There has been no humility.”

Becker, whose partner Lillian and son Noah were in court, will serve half of the sentence behind bars and the other half on licence.

He owed nearly £50 million when he was declared bankrupt and he was obliged to disclose all his assets so that they could be distributed among his creditors. He concealed almost £1 million from the sale of a Mercedes car dealership in Germany as well as a house in his home town, a £700,000 bank loan and shares in a technology firm. He used the money to pay private school fees for his children as well as shopping trips to Harrods and transferred £356,000 to nine recipients, including his ex-wife Barbara and estranged wife Sharlely.

Pleading for mitigation, Jonathan Laidlaw QC, said Becker had “literally nothing” and there was nothing to show for his glittering sporting career. ‘That is nothing short of a tragedy. His fall is not simply a fall from grace but amounts to the most public of humiliations for this man. His degree of suffering is punishment at a level that no other bankrupt in this country is likely to experience. So in terms of the defendant’s future, in reality there is not one,” he said. “These proceedings have destroyed his career, removed any future prospect of him earning any income and his brand is in tatters. He won’t be able to find work and will have to rely on the charity of others if he is to survive.”

Mr Laidlaw QC said Becker had committed a criminal offence by deciding for himself which creditors to pay by transferring money to dependents rather than leaving it to the trustees to decide how to distribute his assets.

“Would those payments out to others necessarily have been disallowed by the trustee in bankruptcy? Against this background plainly the defendant had to continue to support his ex-wife and that would have been consistent with the orders of the court,” he said. “We’re not concerned about the money being spent on a lavish lifestyle or gambling or something like that.”

Як тільки ви зрозумієте значення кольорів, ви зможете створювати ефектний дизайн, який викликає правильні емоції.
Останні новини
Homeowners turn to firewood as heating prices rise

Homeowners turn to firewood as heating prices rise

People across the U.S. are continuously seeing high prices on everyday goods and services including heat. As winter is in full effect, NBC’s Gary Grumbach explains why many households are turning to firewood to heat their homes to help offset cost...

Migrants arrested for shoplifting $12k from Macy’s

Migrants arrested for shoplifting $12k from Macy’s

'Outnumbered' panel discuss migrants arrested for shoplifting and over 250k migrants encountered at the border in December Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encom...

1 337

How Biden’s border policies are sending one town to the brink - Digital Originals.

How Biden’s border policies are sending one town to the brink - Digital Originals.

Border town residents in Yuma share how the ongoing migrant surge has pushed their community to the brink of collapse under President Biden's leadership. #FoxNews Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX N...

Mourners hold candlelight vigil for Monterey Park victims.

Mourners hold candlelight vigil for Monterey Park victims.

Hundreds of people gathered to honor the eleven people killed in Saturday’s mass shooting in Monterey Park, California. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news brands that d...

What Americans are saying about Biden’s classified document scandal - Americans Weigh In.

What Americans are saying about Biden’s classified document scandal - Americans Weigh In.

President Biden's handling of classified documents is concerning and should be handled similarly to President Trump's case, Washington, D.C. residents say. #foxnews #fox Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live...

Alex Epstein: The World Economic Forum Is Anti-Human - Will Cain Podcast.

Alex Epstein: The World Economic Forum Is Anti-Human - Will Cain Podcast.

Listen to the full podcast: Subscribe to the Will Cain Podcast: Apple: Spotify: Follow Will On Twitter: @WillCain Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC) is a 24-hour all-encompassing n...

1 28