Press Esc to close
Monday 20 October 2014
News updated at 3:07 PM IST
Weather
Max: 30.8°C
Min : 20.1°C
In Bangalore
Sunny day

Dolce and Gabbana sentenced to jail

Los Angeles, Jun 20, 2013, (PTI) :
Reuters Image

Italian designer duo Domenico Dolce and Stefano Gabbana have been found guilty of evading tax in their home country and were sentenced to 20 months in prison.

Dolce and Gabbana (D&G) were accused of selling their company to a Luxembourg-based firm, Gado, in 2004 to avoid declaring tax on USD 1.3 billion.
Prosecutors claimed Gado is a shell company that made no administrative or financial decisions, reported Ace Showbiz.

The designers whose clients include Madonna and Kate Moss among other high-profile celebrities had initially been acquitted of tax fraud in 2011 when a judge ruled there was not enough evidence to indict them, but the highest Italian court overturned the ruling.

Prosecutors wanted Dolce and Gabbana to spend two and a half year in jail for the tax evasion, but the judge granted them only 20 months in prison. The designers were also ordered to pay heavy fines.


Go to Top

Photo Gallery
Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Union Minister of State for Commerce and Industry, Nirmala Sitaraman launching the Online Export...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

Prime Minister Narendra Modi with BJP President Amit Shah after the party's parliamentary...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Oct. 17, 2014 photo, a thick blanket of smoke is seen against the setting sun as...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

In this Monday, Oct. 13, 2014 photo, an Indian woman uses her hand to put sawdust in an...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

(L-R) Asha Bhat, Miss Diva Universe 2014 2nd runner up, Noyonita Lodh, Miss Diva Universe 2014...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

An Indian man teaches yoga postures to schoolchildren at Delhi Public School in Hyderabad...

Autumn light is seen at sunset on the Alexandre III Bridge, with the Eiffel tower in background...

Autumn light is seen at sunset on the Alexandre III Bridge, with the Eiffel tower in background...

BJP candidate Sanjay Kelkar flashes victory sign while celebrating with his supporters...

BJP candidate Sanjay Kelkar flashes victory sign while celebrating with his supporters...

Supporters celebrate Congress candidate Praneeti Shinde's victory in the Assembly polls ...

Supporters celebrate Congress candidate Praneeti Shinde's victory in the Assembly polls ...

Former Indian Cricket players Krishnamachari Srikkanth with Devang Jayant Gandhi and Deepak Shodhan.

Former Indian Cricket players Krishnamachari Srikkanth with Devang Jayant Gandhi and Deepak Shodhan.

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523