No one else would get away with this. As a % of his his earnings, this is tiny. Age and his health has nothing to do with sentencing or at least it shouldn’t. People who have less money would’ve been locked up.
The guy was a second hand car dealer... always been a shady character. Bet he's got away with loads of previous occasions of "forgetting" to declare huge amounts of assets
I understand that he's had to pay what he owed, but that's only what... around 25% of his net worth. Maybe less? I know 25% seems a reasonable amount but that still leaves probably around 2 billion if you believe his reported net worth. Still seems disproportionate to what a common person would face.
Maybe, but 1... the common man would never have that kind of money, 2. many folks dont pay their tax bill properly, and 3...he is 93 years old. Good on ya!
The Great Train Robbers got 30 years each for only £1million! Don't forget he was a dodgy used car salesman from Great Yarmouth before vehicles needed MOTs!
He's been doing the same old stuff for decades now. This is probably the only one they had enough to get him on. Mans been a shady global deal maker since the 90s. A small working classl business owner would be forced to sell their home & face prison over a tax mishap
He started from very humble beginnings and is a self made man . He tried to hide some money, like every billionaire in the world does . He got caught , paid the fine . Big deal.
Lol oh please the man sold F1 for like $6bn & made billions more through his career, no doubt stashed away & given to his kids already who live £100m central London mansions. £625m is probably what we're giving ukraine this month, I doubt rishi sunak is rubbing his hands in glee. Either way this stuff adds up to billions if pursued the ultra rich same way we do the middle/working class @@JakeM218
It's possible that when you have that much money, it would be easy to misplace it, I mean I found a pound in my work jeans last week, and I'd forgotten about that 😂
I is people like him that incense the 'working man' so much, with their hubris to think that they are bigger. He trod and ground down many people, and ruthlessly, on his journey to here.
Bloody crook. Should have been locked up. Many people get locked up for far less fraudulent behaviour. Just another example of the super rich getting away with it again 🤬
Ha ha . He has made all his money , so what is a trifle 600 million quid. This is only ONE case that has been exposed. Imagine if they went back to the beginning and started looking …!!!
Bernie Ecclestone is a very smart man and a great personality. I'm always impressed by his intelligence when I see him on television . He's a real self made man.
Not linked to F1, so why is Sky sports poking there nose into his business. Bernie Ecclestone was a shrewd business man, who transformed F1 for the better. F1 was so much nicer to watch when he was around, than it is now.
If you are reporting this has nothing to do with F1, then why report it on a channel associated with sports? Nothing to do during the week? Let Sky News report it
Whilst the working class who funded his fortune will get sent to jail for not paying a TV licence , jail him and give him 7 days to repay every single penny or seize all his assets isn't that how the law works 🤔
Bernie has not lived in the u.k. for years, what has his money got to do with H.M.R.C.? Also his not going with the overbearing narrative on the ukraine and so called diversity makes me like him even more.
It just proves billionaires can get away with anything as you hire the best barrister, accountant etc. I would have said no punishment if you donate it all to a worthy cause because it's not like he would miss it...
Gotta luv Bernie..the luvable rogue strikes again ...and puts a smile on my face every time. From clocking usedies to telephone number tax evasion🤪. Whats next mate? ....goin' to miss you when your gone.
650 M PD settlement repayment agreement? Well, he did lie on purpose on a criminal charge. GUILTY of Fraud!!! Glad he put on his Big Boy Depends and plead Guilty. Glad it has NOTHNG to do with F1. Cheers from Vancouver, Canada
He does have to pay 652 million to the taxman however, which on its own is probably more than the tax combined that everyone who ever reads this will ever pay, ever. And that on top of what he's paid in the past. I think we can cut him some slack on this issue. He's had a bad day.
£400 Million is a Massive Amount of Money..! And even a 10 Year Old could guess it is not the first Time he has done this...! I don't know Why The Courts Thought it was Just Justice, not to Jail Him, "People have been sentenced to Jail, for Much Lower amounts of Money"...! It seems it is one Law for Celebrities and Rich people and another for the rest..! A fine is not good enough..! 🤔🤔😇😇
The man is 93. He is not as sharp as someone in their 40’s 50’s or 60’s. Who knows if it was intentionally left out or if he simply was coached. The guy is a legend and he made f1 great before liberty media ruined it. LET HIM GO.
The same day it's announced "the prisons are full" Bernie pleads guilty. Sheer coincidence! Legend. Given that this guy, single handedly, turned F1 from a rich mans hobby into a massive commercial success with huge benefit to the UK - where all F1 teams except Ferrari are based - HMRC have much to thank this guy for. Journalists pontificate and pass judgement when they aren't fit to clean his boots.
No one else would get away with this. As a % of his his earnings, this is tiny. Age and his health has nothing to do with sentencing or at least it shouldn’t. People who have less money would’ve been locked up.
@@Dreamer19658skill issue
@@Dreamer19658 lol that’s 🧢
It's the two rule book scenario ! They rule book has around 10 pages ! Our rule book has around 10,000 !
Welcome to the UK
Mind you if I tried to take my firearm through customs in Brazil I probably wouldn’t get off with a fine for forgetting I had it in my bag
How can you simply forget to declare £400m 😂
and not get sent to jail.
Easy, claim that you have dementia!
Big Political Donor... He'll be paying back £1 a week!
When you have billions a few hundred million is nothing I guess 🤷🏼♂️
@@akagainesy Apparently it had slipped down the back of an old sofa - only found it when the movers were struggling to take it out of his crypt! 😁
The guy was a second hand car dealer... always been a shady character. Bet he's got away with loads of previous occasions of "forgetting" to declare huge amounts of assets
Either way he is a multi billionaire and paying back £650 million is nothing to him.
So a 17 month suspended sentence? So "Please don't do that again". Wouldn't the common person get actual jail time for this?
Because he is 92, and rich/famous. The system has never been fair.
The suspended sentence is because he pleaded guilty, and has also been ordered to pay what was owned.
I understand that he's had to pay what he owed, but that's only what... around 25% of his net worth. Maybe less? I know 25% seems a reasonable amount but that still leaves probably around 2 billion if you believe his reported net worth. Still seems disproportionate to what a common person would face.
Maybe, but 1... the common man would never have that kind of money, 2. many folks dont pay their tax bill properly, and 3...he is 93 years old. Good on ya!
The Great Train Robbers got 30 years each for only £1million!
Don't forget he was a dodgy used car salesman from Great Yarmouth before vehicles needed MOTs!
If he was your local trades person, he would have been locked up for a few years.
Local trades people are just failed versions of bernie
He's been doing the same old stuff for decades now. This is probably the only one they had enough to get him on. Mans been a shady global deal maker since the 90s. A small working classl business owner would be forced to sell their home & face prison over a tax mishap
He’s been fined 25% of his net worth - £652,000,000
A fine large enough that it could affect government spending plans.
He started from very humble beginnings and is a self made man . He tried to hide some money, like every billionaire in the world does . He got caught , paid the fine . Big deal.
Lol oh please the man sold F1 for like $6bn & made billions more through his career, no doubt stashed away & given to his kids already who live £100m central London mansions. £625m is probably what we're giving ukraine this month, I doubt rishi sunak is rubbing his hands in glee. Either way this stuff adds up to billions if pursued the ultra rich same way we do the middle/working class @@JakeM218
He was never going to prison, there are no prisons to put anyone in right now.
wait a min if i did this id get 40 years in jail but im a poor person i cant buy my out of jail
You simply wouldn’t be in that position would you?
If you're poor you won't have to worry about hiding £400,000,000 will you, so you won't get any years in jail either
Welcome to life, unfair and pointless. Death is the only salvation
@@ray.shoesmithIF
It's safe to say that nobody is surprised about these news😂
It's possible that when you have that much money, it would be easy to misplace it, I mean I found a pound in my work jeans last week, and I'd forgotten about that 😂
Cor keep some of the doe for the rest of us
I is people like him that incense the 'working man' so much, with their hubris to think that they are bigger. He trod and ground down many people, and ruthlessly, on his journey to here.
One rule for rich and famous, one for us plebs huh?
Always has been
Moral of the story: make as much money as you can and than - if/when get caught - just pay a ''speeding ticket'' and keep going.
Man steals millions, avoids jail....
Govt steals millions in PPE, still have their jobs, nothing to see here , no laws broken, Lessons will be learnt.
This is the chap whose 'information' led to the whole Massa debacle. Good job we can rely on his honesty.
Bloody crook. Should have been locked up. Many people get locked up for far less fraudulent behaviour. Just another example of the super rich getting away with it again 🤬
Ha ha . He has made all his money , so what is a trifle 600 million quid. This is only ONE case that has been exposed. Imagine if they went back to the beginning and started looking …!!!
Ecclestone keeping the hmrc on his own
Now they can give me my rebate 🎉
"Bitterly Dissapointed" he got caught 😅
He's getting old, so the odd $400 million slip-up is going to happen
Bernie Ecclestone is a very smart man and a great personality.
I'm always impressed by his intelligence when I see him on television .
He's a real self made man.
walk free again,unlike poor people gailed for the smalest ofence.shame
If this was me, I'd have been thrown in jail for a long time. Money buys you anything and everything in this life.
showing private law is live and well. One rule for the rich and one for everyone else
Rules are for the fools
@@brianmcintyre14 except you would be subject to them, so why do you think he shouldn't be?
@@dane4265 I never said anyone shouldn't be subjected to them. The mentality of those who create the rules is that, they are for the fools
@@brianmcintyre14 I see, yes I agree, that is their contempt for us.
A suspended sentence at his age is just not having a sentence at all - the rich never go to jail as usual
Better check his bathrooms for secret documents. 🤨
Greed.... Pure greed...
Not linked to F1, so why is Sky sports poking there nose into his business. Bernie Ecclestone was a shrewd business man, who transformed F1 for the better. F1 was so much nicer to watch when he was around, than it is now.
Why when you have billions and your in your late 80s are you worried about 400m utterly bizarre. These rich people think they are above the law
Good example for all that you can get away with everything if u are just old and rich enough to
Thanks for reporting on the info I wanted sumd up.
One rule for them one rule for everyone else he should be in jail he is a mastermind criminal money talks bull st walks disgrace this is a joke
He may have avoided jail but he has not avoided aging .
He's bitterly disappointed that he got caught, not sorry. 'ill health' to garner sympathy, bloody typical.
Old and stupidly rich. That's why he's getting away with it
When you are dealing with as many No's as he has, buying a small country would be forgettable.
Haha “forgot” to declare eh. Sure….
If you are reporting this has nothing to do with F1, then why report it on a channel associated with sports? Nothing to do during the week? Let Sky News report it
Haven't we all forgot where we put our millions?
And haven't we all received a slap on the wrist when we get caught committing fraud?
All the time!
Whilst the working class who funded his fortune will get sent to jail for not paying a TV licence , jail him and give him 7 days to repay every single penny or seize all his assets isn't that how the law works 🤔
Did you not watch the video?
He already paid it back
Avoids jail because he is rich. Full stop.
British justice for the rich
Laughable
The old man should be in jail! Old for jail but not old for a young wife.
Disgrace. Put the little goblin in his cell
Love him or hate him he is the reason formula 1 is as big as it is today. He made it into a legitimate high level sport.
Which is exactly the problem with it
Bernie has not lived in the u.k. for years, what has his money got to do with H.M.R.C.? Also his not going with the overbearing narrative on the ukraine and so called diversity makes me like him even more.
It just proves billionaires can get away with anything as you hire the best barrister, accountant etc. I would have said no punishment if you donate it all to a worthy cause because it's not like he would miss it...
KARMA . unlucky
No new house for Tam this year,typical example why the Rich own the law 🤷♂️
Gotta luv Bernie..the luvable rogue strikes again ...and puts a smile on my face every time. From clocking usedies to telephone number tax evasion🤪. Whats next mate? ....goin' to miss you when your gone.
Whata CLOWN SHOW! Good luck!
now tell me you can't buy anything 1 law for the rich no law for the common man just lock him up
650 M PD settlement repayment agreement?
Well, he did lie on purpose on a criminal charge.
GUILTY of Fraud!!!
Glad he put on his Big Boy Depends and plead Guilty.
Glad it has NOTHNG to do with F1.
Cheers from Vancouver, Canada
He does have to pay 652 million to the taxman however, which on its own is probably more than the tax combined that everyone who ever reads this will ever pay, ever. And that on top of what he's paid in the past. I think we can cut him some slack on this issue. He's had a bad day.
Cut him some slack????????
Are you one of his minions then?
650 million!!! looks like HS2 is back on the menu boys
I know who is Tamara and petra but who is Debra ??????I can't find any pictures of her
I found a fiver in my jacket pocket this morning I'd completely forgotton about. I suppose this is the rich persons version of that.
No previous convictions !!!
He still ran f1 better than the America's today.
So that makes him innocent of a proven crime - and undeserving of punishment?
Hero myopia?????????????
@@childofthe60s100 get back in ur kennel. I never said he was.
Lol only ? 😂 I wonder how much did the judges get paid secretly to give him only 17 lol
Oops, well it's only 400 MILLION POUNDS. We all forget those bits of change falling behind sofa cushions.... scrawny weasle.
Deserves a medal hiding that from the tax man taxation is theft
I knew this old man was up to something fishy lol
£400 Million is a Massive Amount of Money..! And even a 10 Year Old could guess it is not the first Time he has done this...! I don't know Why The Courts Thought it was Just Justice, not to Jail Him, "People have been sentenced to Jail, for Much Lower amounts of Money"...! It seems it is one Law for Celebrities and Rich people and another for the rest..! A fine is not good enough..! 🤔🤔😇😇
In Europe, actual prison time is for the poor. 😂
The man is 93. He is not as sharp as someone in their 40’s 50’s or 60’s. Who knows if it was intentionally left out or if he simply was coached.
The guy is a legend and he made f1 great before liberty media ruined it.
LET HIM GO.
Don't think the old man is doing his own books mate lol
Another fawning sycophant who believes that criminals - PROVEN criminals should go unpunished!!!!
Hero myopia!!!!!
Ha ha ha ha.. that's such a dim witted comment I don't know where to start.. 😂😂😂😂😂😂😂❤
Money talks people
What a joke!!
The same day it's announced "the prisons are full" Bernie pleads guilty. Sheer coincidence! Legend. Given that this guy, single handedly, turned F1 from a rich mans hobby into a massive commercial success with huge benefit to the UK - where all F1 teams except Ferrari are based - HMRC have much to thank this guy for. Journalists pontificate and pass judgement when they aren't fit to clean his boots.
Dodgy Billionaire buys his way out with a few quid
Two tier justice system
Only two?
rich get a slap on the wrist while we get prison time!
Money 💰 🤑 💸 💲 talk 😂😂
Would of been funny if he left in a Jaaaaaaaaag 😂
🫅❤️💯🥳🎉🕺💃🛣️ F1 VALENCIA
Goat
How did you come up with the 2418 at the end of your handle?
When you have so much it’s easy to forget!!🤔🙄😂