The Latest In Fashion News: Dolce and Gabbana Found Guilty of Tax Evasion
Two of the fashion industry's largest figure heads were found guilty of tax evasion in an Italian court. Domenico Dolce and Stefano Gabbana were first charged with tax evasion back in 2011. After a retrial and appeal, the Italian Supreme Court handed in it's verdict-GUILTY! How much you ask? I billion euros which translates to 1.3 billion American dollars! Dolce and Gabbana were not the only ones charged in this case, an undisclosed number of employees were also charged. They along with Dolce and Gabbana were sentenced to a year and eight months in prison. We all know American prisons are nothing like the prisons around the world. We assume that this verdict will be appealed. What will become of the empire we will soon learn in the future.
Story Spied At: The Fashion Bomb