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Ecclestone to pay $800-Million over tax fraud charges

Ex-Formula 1 boss Bernie Ecclestone has agreed to pay more than £652-Million pounds ($800-Million), prosecutors said on Thursday, after he pleaded guilty to tax fraud. The 92-year-old appeared at London's Southwark Crown Court and pleaded to one count of fraud by false representation, just over a month before he was due to stand trial. Ecclestone, accompanied by his wife Fabiana, spoke only
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