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Boris Becker Sentenced to Two and a Half Years for Hiding Assets in Bankruptcy

Liverpool News 24 by Liverpool News 24
April 29, 2022
in Tennis
0

LONDON — Boris Becker, the six-time Grand Slam tennis champion, was sentenced to two and a half years in prison on Friday in his bankruptcy case, after he was found guilty by a London court of hiding millions of dollars’ worth of assets and loans to avoid paying his debts.

The sentence punctuated a startling fall from grace for Mr. Becker, 54, who parlayed his tennis skill, ebullient personality and business ambitions into a personal fortune before he was found guilty this month at Southwark Crown Court of four charges related to his June 2017 bankruptcy.

The bankruptcy case meant Mr. Becker was legally obliged to disclose all of his assets so that they could be used to pay his creditors, but the court found several instances in which he failed to meet his obligations for disclosure.

Mr. Becker failed to disclose a property he owned in his home country of Germany, concealed a loan of €825,000 (around $872,000) and assets valued at €426,930.90, and did not disclose shares owned in a gambling tech firm, according to Britain’s Insolvency Service. He was acquitted of 20 other counts relating to his bankruptcy.

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