Rand Slam champion Boris Becker has been jailed for two and a half years for hiding assets and debts of more than. 2.5 million after being declared bankrupt. The three-time Wimbledon winner, 54, deliberately transferred money to his family and associates when he ran out of money in June 2017, successfully holding 39 390,000 (€ 426,930) and ενός 1.1 million in bank loan proceeds from creditors. of. Becker, the former No. 1 in the world, also failed to claim ownership of a 1 1m German property and 75 75,000 shares he owned in a technology company. His great tennis player went bankrupt after his 38 38 million athletic fortune was swallowed up by an expensive divorce, child care and the cost of continuing his luxurious lifestyle. He told the Southwark Crown Court that “Brand Becker” had been damaged by a series of scandals and negative media interest, damaging his ability to make money from sponsorships and news.
READ MORE
Boris Becker – In photos Wimbledon 1994 Getty Images Wimbledon 1985 Getty Images Former tennis player Boris Becker arrives with his partner Lilian de Carvalho Monteiro at Southwark Crown Court for his bankruptcy trial in London REUTERS Boris Becker with his son Noah REUTERS Anna Ermakova Getty Images Boris Becker with Novak Djokovic at Wimbledon in 2018 AP Lilian de Carvalho and Boris Becker Dave Bennett Boris Becker (2nd R), his wife Barbara (C) and his mother Elvira (2nd L) stand by the grave of Becker Karl-Heinz’s father in Leimen REUTERS Barbara Becker, the estranged husband of former German tennis player Boris Becker and their son Noah AFP Pete Sampras at Wimbledon in 1995 Reuters Ukrainian boxers Vitali (L) and Vladimir Klitschko (R) join the great German tennis player Boris Becker during a sports party organized by the Laureus Golf Trophy on the sidelines of the Oktoberfest in Munich, at the end of September 21, 2003. AFP / GETTYIMAGES Boris Becker in 2004 AFP / Getty Images The leader of Germany, Boris Becker, speaks to Alexander Zverev in 2020 REUTERS He was convicted of four counts of insolvency under jury and jailed Friday by Judge Deborah Taylor, Westminster’s registrar. He said Becker was “in chaos” when the bankruptcy decision was imposed, but said Becker had no regrets about what had happened. “I accept the humiliation you may have felt, but there was no humiliation,” the judge said. He said Becker used his advisers “as a shield” and showed “little or no interest in participating” in the bankruptcy process. Becker’s lawyer, Jonathan Laidlaw QC, made a passionate appeal to the judge not to send him to prison, claiming that the German had been ruined and might never work again. “Boris Becker has literally nothing and there is nothing to show for the most brilliant sports career. “This is a tragedy.” “His fall is not just a fall from grace and is tantamount to the most public humiliation for this man. “The degree of suffering – and it will continue – is the punishment that no one else in this country is likely to experience.” He added: “This process completely ruined his career and deprived him of any future prospect of earning an income. His reputation, an essential part of the brand that gives him work, has collapsed. “He will not be able to find a job and will have to rely on the charity of others if he wants to survive.” Prosecutor Rebecca Chalkley said Becker deliberately hid his assets and debts when he knew they should have been offered by bankruptcy. “He deliberately and dishonestly took money and transferred it to various third parties, in order to remove money from the property and consequently to move away from the recovery and their creditors,” he said. He accused Becker of “playing the system in bad faith”, urging the judge to impose a deterrent sentence. “Bankrupts have a built-in advantage as the details of his cases are better known to him than to the official recipient or administrators. The process only works if they are honest and make a full disclosure. “ The court heard that there were claims of 49.1 million pounds from creditors for the bankruptcy of Becker, but so far only 3.1 million έχουν have been recovered. Becker, wearing a Wimbledon-colored tie, arrived in court in a black taxi with his partner Lillian de Carvalho Monteiro for today’s hearing. Son Noah brought his father’s Puma bag to court at the start of the hearing. Mr Laidlaw urged the judge to take a “fairer view of the evidence”, saying the missing money had been used by Becker to cover “business and household expenses”. He transferred money for alimony to his ex-wives, settled a medical bill from a Swiss clinic and paid a Spanish lawyer who was managing a property agreement. “The vast majority were for legal fees or legal personal commitments,” he said. “There is no evidence that money is being used to support a richer lifestyle.” Mr Laidlaw added: “He was in a desperate financial crisis – what he was actually doing was making his own choice of which creditors to pay, instead of letting common managers decide how that money would be used.” Becker, a BBC commentator who has lived in the UK since 2012, has been declared bankrupt after defrauding a 3 3m bank loan over repairs to his vast Mallorca estate. Three-time Wimbledon champion Boris Becker (PA) / File PA A Supreme Court justice has refused to grant a further extension to allow Becker to try to pass on the debt, leaving the tennis ace under severe financial restraint. The trial provided details of Becker’s career after his sporting retirement, when he took on the role of expert and commentator, as well as approving various products. He told jurors that “Brad Becker” had been harmed by a series of public revelations about his privacy, including the brutal breakdown of his marriage to Barbara and the multimillion-pound divorce settlement. Becker had a daughter in a notorious brief encounter with waitress Angela Ermakova at London’s Nobu restaurant in 1999 and was committed to caring for the children, including a 2 2.5million Chelsea apartment. Evidence was presented for his expenses at Harrods and Ralph Lauren while he was in bankruptcy, and he also paid 48,000 euros for an ankle surgery at a private clinic, 12,500 euros for a private jet company and 6,000 euros for a stay at a luxury golf resort in China. Researchers examined Becker’s real estate portfolio, including his mother’s home in Leimen, Germany, and his daughter’s home in Chelsea, and conducted a fruitless search for his trophy collection, including two of the three Wimbledon’s Men’s trophies, including of the 1985 title that threw him into an elderly star. 17, 1992 Olympic gold medal, Australian Open trophies from 1991 and 1996, the President’s Cup from 1985 and 1989, the 1989 Davis Cup trophy and a Davis Cup gold coin won in 1988. REUTERS Becker testified during his trial, describing the “shock” and “embarrassment” when the bankruptcy came and insisting that she was honest and straightforward with investigators. He said he coached Novak Djokovic, the number one tennis player in the world, commented on various TV channels and represented brands such as Puma. But his income “dropped dramatically” after he left tennis. Becker said he had relied on counsel to help him with legal documents and insisted he had not read any documents clarifying his bankruptcy commitments. He was acquitted of 20 charges in the trial, including allegations that he had deliberately hidden his trophies. But he was convicted of four counts of intentional dishonesty. Following the bankruptcy, Becker transferred money to a number of people, including his ex-wife Barbara and his estranged wife Lilly. He did not declare a loan, concealed ownership of the German property and also hid shares in technology company Breaking Data Corp. In 2002 he was convicted in Germany of tax evasion and attempted tax evasion following an investigation into his time in Monte Carlo and his hometown of Germany.
