TENNIS champ Boris Becker has been declared bankrupt at a High Court hearing today - by a court official who once watched him play on Centre Court.Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London for "a last chance" to pay back a long-standing debt.But judge Christine Derrett said it was "with regret" she concluded there was a lack of credible evidence that his "substantial" debt would be paid soon, refusing to adjourn the case for another 28 days.She said of 49-year-old Becker, who did not attend the hearing: "One has the impression of a man with his head in the sand."The bankruptcy application was made by private bankers Arbuthnot Latham & Co in connection with a judgment debt owed to them by Becker dating as far back as 2015.Becker's lawyers argued the tennis ace would be able to pay the debt through a refinancing arrangement, involving remortgaging a property in Mallorca expected to raise €6million … [Read more...] about Tennis legend Boris Becker is declared bankrupt at High Court hearing – after blowing £27million fortune
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WIMBLEDON legend Boris Becker is in debt to the tune of £54 million and is facing having his homes and personal property repossessed, according to German media.Magazines Stern and Bunte say the bankruptcy declaration in London three months ago was only the "tip of the iceberg" of what he actually owes.Bunte claims a court-appointed insolvency administrator has found the mountain of debt built up by the 49-year-old tennis champion.The magazine claims the firm of Smith and Williamson has produced a 24 page report detailing the parlous state of his finances.It further reported that the auction house Wyles Hardy & Co. is now to be charged with estimating the value of his trophies and memorabilia. Becker has been asked not to remove these pieces from his London house or "from his mother's house in Germany".In addition it is alleged luxury watches valued at nearly £40,000 have already been seized from him.In June the former grand slam champ was declared bankrupt by … [Read more...] about Wimbledon legend Boris Becker ‘in £54MILLION worth of debt and faces having his homes repossessed’
TENNIS champ Boris Becker has been declared bankrupt at a High Court hearing today – by a court official who once watched him play on Centre Court.Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London for “a last chance” to pay back a long-standing debt.But Registrar Christine Derrett said it was “with regret” she concluded there was a lack of credible evidence that his “substantial” debt would be paid soon, refusing to adjourn the case for another 28 days.She said of 49-year-old Becker, who did not attend the hearing: “One has the impression of a man with his head in the sand.”The bankruptcy application was made by private bankers Arbuthnot Latham & Co in connection with a judgment debt owed to them by Becker dating as far back as 2015.Becker’s lawyers argued the tennis ace would be able to pay the debt through a refinancing arrangement, involving remortgaging a property in … [Read more...] about Tennis legend Boris Becker is declared bankrupt at High Court hearing – after blowing €30million fortune
REALITY TV star Abby Lee Miller has been jailed for a year and a day after hiding almost £600,000 in earnings from the U.S. government.The Dance Moms celebrity told the court she was a "laughing stock" as she was sentenced for bankruptcy fraud and for taking £100,000 worth of Australian currency into the country without reporting it.A federal judge also ordered Miller to pay a £30,942 fine and spend two years on probation following her release.Miller pleaded guilty in both cases last year, claiming her new found fame led to her being charged with fraud.She said: "Dance Moms became a hit and I became the laughing stock of reality TV."Before she was sentenced, Miller read out a statement in court, which said: "I'm certainly ashamed to be meeting you for the first time in this manner."I wish you could take my class or come to one of my events and see how much I love this."I didn't realise when you apply for bankruptcy it's like signing up for more … [Read more...] about Dance Moms star Abby Lee Miller jailed over fraud charges after hiding £600,000 in earnings
EVEN before he became President of the United States Donald Trump was one of the world’s most publicised and colourful billionaires.As £450million was wiped off his personal fortune, here’s what you need to know about how the TV star and the property mogul made his money.Donald Trump was born in June 1946, the fourth child of real estate tycoon Fred Trump.The Trump family was wealthy and lived in a mansion in the Queens area of New York.As a 13-year-old, Donald Trump was sent to a military academy after he started misbehaving at school.President Trump, now 71, boasts that he made money “the good old-fashioned way” but he first got into real estate with a “small” $1million loan from his father and helped manage the family’s housing portfolio in the New York area.He took control of the company in 1971 and renamed it the Trump Organisation – shifting from residential sales in Brooklyn and Queens to swanky projects in Manhattan.The … [Read more...] about What is Donald Trump’s net worth, how old is he, how many wives has he had, who are his children and where is he from?
US President-elect Donald Trump criticized the United Nations for being a club for people to "have a good time," even as the world body leads humanitarian responses affecting millions of desperate people in war-torn regions across the globe. In an apparent response to the UN Security Council vote on Friday condemning Israel's illegal settlements in the West Bank and east Jerusalem, Trump again made controversial statements on Twitter slamming the UN on Monday. "The United Nations has such great potential but right now it is just a club for people to get together, talk and have a good time. So sad!" Trump wrote as he spends the holidays at his plush Mar-a-Lago resort in Florida. After the Security Council vote, Trump warned on Friday, "As to the UN, things will be different after Jan. 20th," referring to the day he takes office. The Republican leadership in congress, meanwhile, has threatened to cut funding to the UN. The US abstention from voting opened the way for the … [Read more...] about Trump slams UN, Netanyahu remains defiant over settlement vote