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Tennis Champion, Becker Sentenced to Jail Over Bankruptcy

Stephen M.Cby Stephen M.C
April 29, 2022
Reading Time: 4 mins read
Stephen M.Cby Stephen M.C
in UK
0
Tennis Champion, Becker Sentenced to Jail Over Bankruptcy

Boris Becker and his partner Lilian de Carvalho Monteiro

Former Wimbledon Champion, Boris Becker, has been hit with a jail term of two and a half years for hiding £2.5m worth of assets and loans to avoid paying debts.

The 54-year-old six-time Grand Slam Champion was found guilty of four charges under the Insolvency Act. The case centred on Becker’s bankruptcy in June 2017 due to an unpaid loan of more than £3m on his luxury estate in Mallorca, Spain.

Judge Deborah Taylor, who presided over the case said Becker showed no remorse or acceptance of guilt. Referring to Becker’s previous conviction for tax evasion in Germany in 2002, she told the former world number one that: “You did not heed the warning you were given and the chance you were given by the suspended sentence and that is a significant aggravating factor”.

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“You have… sought to distance yourself from your offending and your bankruptcy. While I accept your humiliation as part of the proceedings, there has been no humility.”

Judge Deborah Taylor

Becker was legally obliged to disclose all of his assets so that his trustee could distribute available funds to his creditors, to whom he owed nearly £50m when he was declared bankrupt. But earlier this month (April 2022), after about two weeks of hearing evidence, adjudicators found Becker guilty of removal of the property, two counts of failing to disclose estate and concealing debt.

Becker B
Boris Becker commentated at Wimbledon

Becker was acquitted on a further 20 charges, including nine counts of failing to hand over his tennis trophies and medals; including two from Wimbledon.

Prosecutor Rebecca Chalkley said the jury found that the Wimbledon winner acted “deliberately and dishonestly”. She added: “Even now, Mr. Becker is still seeking to blame others when it was obviously his duty”.

The jury found out that Becker failed to declare his share in a £1m property in his German hometown of Leimen, and hid a bank loan of almost £700,000 on that house, as well as shares in a technology firm valued at £66,000. He was also found to have made £390,000 worth of payments from his business account to nine others, including those of his ex-wife, Barbara and estranged wife, Sharlely Lilly Becker.

Becker’s Barrister, Jonathan Laidlaw QC, told the court that the tennis star’s “fall from grace” left “his reputation in tatters”.

“Boris Becker has literally nothing and there is also nothing to show for what was the most glittering of sporting careers and that is correctly termed as nothing short of a tragedy. These proceedings have destroyed his career entirely and ruined any further prospect of earning an income.”

Barrister Jonathan Laidlaw QC

Who is Boris Becker?

Boris Becker was catapulted to stardom at age 17, in 1985, when he became the youngest singles male player to win the Wimbledon Championships.

He went on to win a further two Wimbledon titles, two Australian Opens and one US Open. In addition, won a gold medal at the Olympics in doubles. After the achievements, he retired from tennis in 1999 and has since commentated at Wimbledon.

Becker
Boris Becker was the youngest man to win Wimbledon in 1985

In 2013, Mr. Becker turned his hand to coaching, working with one of the world’s greatest, Novak Djokovic. In their three years together, Djokovic won six Grand Slam titles. He was also involved in overseeing youth development and the Davis Cup team at the German Tennis Federation until stepping down in the year 2020.

Becker, who is a father-of-four told the jury his career earnings of $50m (about £38 million) were spent on an expensive divorce from his first wife in 2001, child maintenance payments, and “expensive lifestyle commitments”, including his £22,000-a-month rented house in Wimbledon, South-West of London.

The trial also revealed Becker’s taste for designer clothes, shopping in Harrods (The World’s Leading Luxury Department Store) and that he spends thousands on his children’s school fees. He said his income had “reduced dramatically” following his retirement in 1999.

Who Started the Prosecution?

The prosecution against Becker was brought by the Insolvency Service on behalf of the Secretary of State for Business, Energy and Industrial Strategy, Kwasi Kwarteng. Speaking after the sentencing, the firm’s Chief Executive, Dean Beale intimated that “Boris Becker’s sentence clearly demonstrates that concealing assets in bankruptcy is a serious offence for which we will prosecute and bring offenders to justice”.

READ ALSO: Climate Change Commitments Unlikely to be met- Report

Tags: BankruptcyBoris BeckerjailWembledon
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