Boris Becker faces jail time after being found guilty of concealing assets in bankruptcy proceedings.
The former Wimbledon winner, 54, has been found guilty of four counts of transferring hundreds of thousands of pounds to other accounts after being arrested on an unpaid £3million (€3.6million) loan at his estate in 2017 Mallorca had been declared bankrupt.
The charges include removal of property, two counts of non-disclosure of assets and concealment of debt. He could face up to seven years in prison for each charge.
In an attempt to hide money from his creditors, Becker transferred around £350,000 to nine recipients including Barbara and Lilly Becker, his former wives, hid his possessions of a luxury villa in his hometown of Leimen, Germany, where his mother lives, and failed £620,000 £ Debt and his stake in AI firm Breaking Data Corp.
Despite his financial woes, Southwark Crown Court heard Becker had spent around £40,000 on ankle surgery at a private clinic and paid more than £10,000 to a private jet company.
The father of four, who lived in Monte Carlo and Switzerland before moving to the UK, earned £950,000 from the sale of a German Mercedes dealership, which was deposited into a business account used for personal expenses.
However, Becker was acquitted of a further 20 charges, including nine counts of failing to hand over trophies and medals from his tennis career.
He was also acquitted of failing to declare a second German property, as well as his interest in a £2.5million Chelsea flat.
The former world number one told the jury his £38million career income was eaten up by a divorce from Barbara Becker, his first wife, child support and “expensive lifestyle commitments”.
Giving evidence, Becker said his income “dropped dramatically” after he retired in 1999.
He said he was “shocked” and “embarrassed” when he was forced to file for bankruptcy.
He was found guilty by a jury under the Bankruptcy Act.
Judge Deborah Taylor released him on conditional bail on April 29 for his conviction.
https://www.independent.ie/world-news/europe/britain/becker-facing-jail-after-expensive-lifestyle-commitments-seal-downfall-41536083.html After “expensive life commitments”, Becker is threatened with sinking in prison