Bernie Ecclestone has to pay £652,634,836 to the taxman

Former Formula One boss Bernie Ecclestone has admitted fraud by hiding more than £400m from the taxman. The billionaire, 92, failed to declare a trust in Singapore containing around 650 million US dollars to the Government. Wearing a dark three-piece suit and grey tie, Ecclestone said ‘I plead guilty’ when the fraud charge was read to him at Southwark Crown Court. The charge stated Ecclestone, who has three grown-up daughters, Deborah, 67, Tamara, 38, and 33-year-old Petra, and a young…