Designers Dolce and Gabbana Lost Appeal in Tax Conviction


Stefano Gabbana, Domenico Dolce
The designers are accused of hiding millions of euros from tax authorities through a Luxembourg holding company and were given suspended sentence of 18 months in jail.


Italian fashion designers Domenico Dolce and Stefano Gabbana lost their appeal in a tax case on Wednesday, April 30. They were accused of hiding hundreds of millions of euros from authorities through a Luxembourg holding company Gado and were given suspended sentences of 18 months in jail. The sentence was reduced from 20 months because the statute of limitations applied to certain facts in the case.

The decision taken on Wednesday upheld a verdict in June. Dolce and Gabbana have denied that they were hiding hundreds of millions of euros from authorities. Back in March, a Milan prosecutor asked the court to clear the pair.

As quoted by WWD, their lawyer Massimo Dinoia said, "I am speechless and astounded, this sentence is inexplicable. After all, the general prosecutor already realized there was really nothing. We will surely present our appeal to the Corte di Cassazione. This is an unfair verdict and we are sure the Cassazione will reform it."

In other news, Dolce was recently spotted with Kylie Minogue at an event in Melbourne. Minogue wore a black ensemble by the label during their meeting, completing her chic looks with a black bag and matching heels.

© AceShowbiz.com


MORE FROM NEWS
Leave a Comment

Required fields are marked with *

  random image 
TODAY'S HEADLINES
  1. 'America's Got Talent' Live Results 1: Meet the First 7 Semifinalists!
  2. Kim Kardashian to Co-Host 'Live' With Ryan Seacrest
  3. Leah Remini Slams 'Diabolical' Tom Cruise, Says He's Not a Good Person
  4. George Clooney's Wife Amal Looks Skeletal Just Weeks After Welcoming Twins
  5. Samuel L. Jackson Returns for 'Shaft' Sequel, Jessie T. Usher Lands Lead Role
  6. These Two Horror Directors in Contention for 'Justice League Dark'
  7. 'Super Troopers 2' Set for 2018, Official Synopsis Revealed
  8. Say What?! Prince William and Harry Have Cameos in 'Star Wars: The Last Jedi'
  9. Porn Site Offers to Produce 'Sense8' Season 3
  10. Fergie Goes Topless to Promote New Album 'Double Dutchess'