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Offline fivesix


  • Joined: Jun 2007

  • Location: TMBA / BNE / MEL
*yoink*

http://www.dailymail.co.uk/news/worldnews/article-1280164/Flavio-Briatores-15m-yacht-Force-Blue-seized-fraud-probe.html#ixzz0odxumQaD


rmer Formula One boss Flavio Briatore's luxury yacht has been seized as part of a £4.1million tax evasion investigation.
Police in high speed boats followed the 60m Force Blue for several miles at dawn yesterday before it anchored.
Briatore, 61, was not on the £15million vessel when they boarded but his wife, Elisabetta Gregoraci, 28, and two-month-old son Falcon Nathan were.


The seizure in Genoa on the Italian Riviera marked the end of a year-long investigation.
Briatore, who co-owns Queen's Park Rangers football club, is accused of failing to pay taxes and VAT on £4.1million of fuel.
He claims the yacht, which has a crew of 17 and sleeps 12, can be hired for £240,000 a week and is registered out of the EU, in the Cayman Islands, for a tax break.
But prosecutors are looking into claims it is not chartered and that the family spend much of the year on board.
The yacht, bought in 2002, was seized because of 'fears further crimes might be committed', according to papers served by customs and excise.


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