Boom-boom bankrupt fraud

That’s what April 2022’s Sick Phoque Club is all about. Three-time Wimbledon champion Boris Becker has been jailed for 2½ years for hiding £2.5 million worth of assets and loans to avoid paying debts when he declared bankruptcy five years ago. He was found guilty of four charges under the Insolvency Act, including transferring money to his former wife Barbara and estranged wife Sharlely, and acquitted on 20 other counts. “It is notable you have not shown remorse or acceptance of your guilt,” judge Deborah Taylor told him as he appeared at London’s Southwark Crown Court wearing a Wimbledon tie. “There has been no humility.” Becker, whose partner Lillian and son Noah were in court, will serve half of the sentence behind bars and the other half on licence. He owed nearly £50 million when he was declared bankrupt and he was obliged to disclose all his assets so that they could be distributed among his creditors. He concealed almost £1 million from the sale of a Mercedes car dealership in Germany as well as a house in his home town, a £700,000 bank loan, and shares in a technology firm. He used the money to pay private school fees for his children as well as shopping trips to Harrods and transferred £356,000 to nine recipients, including his ex-wife Barbara and estranged wife Sharlely. I know insolvency sucks, but the law is unfortunately the law, and Boom-boom will have some time over the next 15 months to think about that.