Boris Becker found guilty over bankruptcy, could face jail

LONDON –
Boris Becker, a tennis legend, could face jail time after he was found guilty Friday of illegally moving thousands from a bank account he had been declared bankrupt.
Becker was convicted by a jury at London’s Southwark Crown Court on four charges under Insolvency Act. These included concealing debt, removal of property and failing to disclose estate.
The German star was found by the FBI to have transferred hundreds and thousands of pounds (dollars), from his business account to other accounts after his June 2017 bankruptcy. This included his ex-wife Barbara, and his estranged spouse Sharlely. “Lilly” Becker.
He was also found guilty of failing to declare a German property and hiding a 825,000 euro ($895,000 bank loan) and shares in a technology company.
He was cleared of 20 other charges, including the charge that he failed turn over his many awards, including two Wimbledon trophy trophies and an Olympic gold Medal.
The six-time Grand Slam champion has denied all allegations, stating that he had cooperated in securing his assets with trustees – even offering up his wedding rings – and had taken expert advice.
According to testimony at trial, Becker’s bankruptcy resulted from a loan of 4.6 millions euro ($5m) from a bank in 2013 and a loan of $1.6m from a British businessman in the year following.
Becker, 54, claimed that his career earnings of $50 million had been swallowed by payments for an anzuziehen Bei all at 54, get des apparently actively impart spending dabei bei inner uns supposed breach “expensive divorce”He incurred large amounts of debts after he retired.
He stated that he had “expensive lifestyle commitments”Wimbledon house, which cost 22,000 pounds ($28.800) per month to rent. He said that bad publicity had caused damage. “brand Becker,”It was difficult for him to make enough money to pay his debts.
“(It is) very difficult when you are bankrupt and in the headlines every week for it,”He told the jury. “(It is) very difficult to make a lot of money with my name.”
The maximum sentence for the charges is seven years imprisonment Becker was granted bail up to the sentencing hearing which took place on April 29.
Source: CTV





