Tennis Legend Boris Becker has indeed been found guilty of financial crimes relating to the bankruptcy

Tennis Legend Boris Becker has indeed been found guilty of financial crimes relating to the bankruptcy

Tennis Legend Boris Becker has indeed been found guilty of financial crimes relating to the bankruptcy

Tennis Legend Boris Becker has indeed been found guilty of financial crimes

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Tennis legend Boris Becker rose to prominence overnight at the tender age of 17 when he became the youngest male player in history to win the 1985 Wimbledon final.

His powerful serve earned him the nickname “Boom Boom Boris” and he became the “favorite German” in Britain after winning consecutive Wimbledon titles in 1986 and 1989.

The former tennis world champion’s fortune at the time was estimated at 80 38 million, with a current value of about  100 million.

He earned the money by winning prizes and sponsorships. He also coached current tennis star Novak Djokovic after his retirement in 1999.

Becker, now 54, is pursuing a career in poker, tennis, pantry and business.

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In a 2012 interview, he said: “I achieved a lot at the age of 22, including several Wimbledon titles, the US Open, the Davis Cup and the world number one ranking. The next big goal you are looking for is not in tennis.

But Boris’s retirement caused him financial trouble. His income fell as he led a lavish lifestyle, paying hefty school fees for his children and sending large sums of money to his ex-wives.

His financial situation deteriorated to such an extent that in 2017 he was declared bankrupt by the London Bankruptcy and Companies Court after failing to repay a 35 3.5 million loan owed to the British private bank Arbuthnot Latham.

He obtained the money from the bank in 2013 to buy a property in Mallorca, Spain.

He was also unable to repay the 12 1.2 million loan he had taken in 2014 from John Cadwell, the British businessman who founded Phones for You, at an interest rate of 25%.

The six-time Grand Slam champion told a jury in Southwark Crown Court earlier this year that he was “shocked” and “embarrassed” when he was declared bankrupt.

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During the bankruptcy trial, the court was told that he owed the Swiss authorities 5 million francs, and separately fined him less than 10 1 million in 2002 for tax evasion and attempted tax evasion in Germany.

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