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Report: Becker reaches settlement

Posted: Saturday August 03, 2002 11:48 AM

BERLIN (AP) -- Boris Becker has reached an early settlement on his tax evasion case, sparing the three-time Wimbledon winner a two year suspended sentence, a German magazine reported Saturday.

Der Spiegel weekly said the judge and Becker's lawyer have worked out a plan in which the retired tennis star will pay the taxes he's charged with avoiding, plus penalties of 6.5 million euros ($6.6 million).

Prosecutors believe Becker was registered as a resident in the tax haven of Monaco in the early 1990s, but actually lived in his sister's loft in Munich. Investigators maintain his business was conducted in Germany and he has to pay taxes in the country.

Munich prosecutors could not be reached for comment.

Der Spiegel said Becker will have to take out a loan to fulfill his end of the agreement, which will be proposed by the judge and Becker's lawyers on the first day of his trial, expected to take place in Munich later this month.

The amount of back taxes Becker owes have never been released. Various published reports place it between 5 million euros ($5 million) and double that amount.

The tax charge is the latest troublesome development for Becker, who retired in 1999. He has been through a messy divorce from his wife and fathered a child by a model from Russia.


 
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