Tennis great Boris Becker could face a jail sentence after being found guilty on Friday of illicitly moving thousands of dollars from a bank account after he was declared bankrupt.
A jury at London's Southwark Crown Court convicted Becker on four charges under the Insolvency Act, including removal of property, concealing debt and two counts of failing to disclose estate.
He was also convicted of failing to declare a property in Germany and hiding an 825,000 euro bank loan and shares in a tech firm. The six-time Grand Slam champion had denied all the charges, saying he had cooperated with trustees tasked with securing his assets - even offering up his wedding ring - and had acted on expert advice.
During the trial Becker, 54, said his $50 million career earnings had been swallowed up by payments for an “expensive divorce” and debts when he lost large chunks of his income after retirement.
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