LONDON—Former Formula One boss Bernie Ecclestone on Monday denied a fraud charge over his alleged failure to declare millions of pounds (dollars) in overseas assets.
Ecclestone, 91, entered a not guilty plea as he appeared at Westminster Magistrates’ Court in London for a brief hearing.
Prosecutors issued a charge of fraud by false representation between July 2013 and October 2016 after British tax officials carried out a worldwide investigation into Ecclestone’s finances.
Prosecutor Robert Simpson told the court that Ecclestone did not declare a trust in Singapore with a bank account containing about $650 million when he was asked about any trusts abroad that he was involved in….