Authorities in Italy have frozen some $2 million in Flavio Briatore’s European bank accounts, amidst suspicions of tax fraud.

Flavio Briatore is in trouble over tax fraud allegations once again Last year, the disgraced former Team Principal had his luxury yacht boarded and seized – and later returned – by Italian authorities who believed its registration as a commercial charter vessel was false.

But now, the authorities believe that the funds in these seized accounts stem from the proceeds of tax fraud.

[Original image via Flickr]

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.