Boris Becker could face a prison sentence after he was found guilty of hiding assets after he had declared bankruptcy.
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 assets.
Becker, who declared bankruptcy in Junne 2017, was found to have transferred hundreds of thousands of pounds from his business account to other accounts, including those of his ex-wife Barbara and estranged wife Sharlely “Lilly” Becker.
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.
He was acquitted on 20 other counts, including charges that he failed to hand over his many awards, including two Wimbledon trophies and an Olympic gold medal.
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.
According to testimony at the trial, Becker’s bankruptcy stemmed from a 4.6 million euro loan from a private bank in 2013, as well as about $1.6 million borrowed from a British businessman the year after.
The 54-year-old also 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.
“[It is] very difficult when you are bankrupt and in the headlines every week for it,” he told the jury. “[It is] very difficult to make a lot of money with my name.”
The charges carry a maximum sentence of seven years in prison. Becker was granted bail until a sentencing hearing on April 29.