Boris Becker is bankrupt and could face jail [View all]
https://www.msn.com/en-us/sports/tennis/boris-becker-found-guilty-over-bankruptcy-could-face-jail/ar-AAW0Akd
LONDON (AP) 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.
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Beckers bankruptcy stemmed from a 4.6 million euro ($5 million) loan from a private bank in 2013, as well as about $1.6 million borrowed from a British businessman the year after, according to testimony at the trial.
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.
He said he had expensive lifestyle commitments including a house in Wimbledon that cost 22,000 pounds ($28,800) in rent each month. But he said bad publicity had damaged brand Becker, making it hard for him to earn enough to pay off his debts.