November 10, 2024

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

Boris Becker #BorisBecker

Wimbledon champion Boris Becker has been jailed for two and a half years for hiding £2.5 million worth of assets and loans to avoid paying his debts. The former world number one, 54, was declared bankrupt on June 21st, 2017, owing creditors almost £50 million, over an unpaid loan of more than £3 million on his estate in Mallorca, Spain.

BBC commentator Becker transferred almost 427,000 euro from his business account to others, including those of his ex-wife Barbara and estranged wife Sharlely “Lilly”

Becker. The father-of-four also failed to declare his share in a £1 million property in his home town of Leimen, Germany, hid an 825,000 euro (almost £700,000) bank loan — worth £1.1 million with interest — and concealed 75,000 shares in a tech firm, valued at £66,000.

Becker, who was handed a two-year suspended sentence for tax evasion and attempted tax evasion worth 1.7 million euro in Germany in 2002, was found guilty of four offences under the Insolvency Act between June 21 and October 3 2017 earlier this month. Judge Deborah Taylor sentenced the six-time Grand Slam champion to two and a half years imprisonment, of which he will serve half, at Southwark Crown Court on Friday. – PA

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