Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Oct 13, 2023 1:21:47 GMT
Seems that Bernie E has changed his plea to guilty in his fraud case of long standing.
What seems to be a suspended sentence has about as much punishment quality as a fart from a butterfly but doubtless his family wealth went down a bit.
I doubt his sometime to be mourning widow will miss any of the highlife tbh so what did the case actually achieve?
|
|
|
|
Post by Tim on Oct 13, 2023 7:13:33 GMT
He basically did a negotiation with HMRC to keep him out of jail.
That 2 year (?) suspended sentence has cost him £653 Million.
To someone like Bernie THAT'S the punishment.
From what I've read the value of the asset he failed to declare was 'only' £450M so he's paid a lot of interest and penalties on top of whatever tax he originally thought he'd saved.
|
|
|
|
Post by johnc on Oct 13, 2023 11:37:04 GMT
At the moment I am quite sure the Govt would much rather have £650m in the treasury than the responsibility of keeping an 80 something man safe in jail. To lock him away was hardly a deterrent but taking £650m probably was.
|
|
