LONDON (AP) — Tennis terrific Boris Becker could face a jail sentence immediately after becoming identified guilty on Friday of illicitly shifting hundreds of bucks from a bank account just after he was declared bankrupt.
A jury at London’s Southwark Crown Court docket convicted Becker on 4 prices under the Insolvency Act, such as removing of property, concealing financial debt and two counts of failing to disclose estate.
The German star was identified to have transferred hundreds of thousands of pounds (bucks) following his June 2017 individual bankruptcy from his business account to other accounts, together with people of his ex-spouse Barbara and estranged wife Sharlely “Lilly” Becker.
He was also convicted of failing to declare a house in Germany and hiding an 825,000 euro ($895,000) lender bank loan and shares in a tech firm.
He was acquitted on 20 other counts, including charges that he unsuccessful to hand over his numerous awards, such as two Wimbledon trophies and an Olympic gold medal.
The six-time Grand Slam champion had denied all the fees, indicating he had cooperated with trustees tasked with securing his assets – even featuring up his marriage ring – and experienced acted on expert suggestions.
Becker’s personal bankruptcy stemmed from a 4.6 million euro ($5 million) loan from a private bank in 2013, as nicely as about $1.6 million borrowed from a British businessman the yr soon after, according to testimony at the trial.
All through the trial Becker, 54, explained his $50 million vocation earnings experienced been swallowed up by payments for an “expensive divorce” and debts when he misplaced massive chunks of his earnings soon after retirement.
He mentioned he experienced “expensive way of living commitments” like a dwelling in Wimbledon that cost 22,000 kilos ($28,800) in rent every single month. But he claimed bad publicity had ruined “brand Becker,” earning it tricky for him to receive adequate to pay off his money owed.
“(It is) extremely challenging when you are bankrupt and in the headlines each and every 7 days for it,” he told the jury. “(It is) very complicated to make a lot of income with my name.”
The expenses carry a optimum sentence of 7 yrs in jail. Becker was granted bail until eventually a sentencing listening to on April 29.