Thursday, June 20, 2013

D & G -DESIGNERS CONVICTED

 

 

 

Stefano Gabbana, left, and Domenico Dolce are co-founders of one of the fashion world's most well-known and desired brands.

Fashion icons Dolce, Gabbana convicted in Italy of tax crime

By Livia Borghese and Greg Botelho, CNN
 
 
 "Fashion luminaries Domenico Dolce and Stefano Gabbana were sentenced to prison in Italy Wednesday for failing to pay 40.4 million euros in taxes to the Italian government, their lawyer and a prosecutor said.

"This time it was not the case like the invoice for car repair," prosecutor Laura Pedio said of the crime for which the fashion duo was convicted. "This time it's serious, complicated, sophisticated tax fraud crime."

Both men were sentenced to one year and eight months in prison and, in addition to what they owe in taxes, told to pay a fine of 500,000 euros. Their lawyer, Massimo Dinoia, vowed that the defense plans to appeal the convictions as well as the related fines and sentences.

"Dolce and Gabbana will not go to jail now or ever," Dinoia said.

Four others associated with the upscale Dolce & Gabbana brand -- including Domenico's brother Alfonso Dolce and company tax consultant Luciano Patelli -- also face prison time, though Dinoia and Pedio did not know the length of all their sentences. 

While the decision was announced Wednesday morning in a Milan court, authorities did not immediately release details to the media or public..." (MORE ONLINE)

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