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June 19, 2013
Dolce and Gabbana Convicted of Tax Evasion
MILAN-An Italian court Wednesday sentenced Italian fashion designers Domenico Dolce and Stefano Gabbana to 1 year and 8 months in prison for tax evasion on income of around €1 billion ($1.34 billion). The pair's lawyer, Massimo Dinoia, said that Messrs. Dolce and Gabbana planned to appeal, adding that the case is "groundless."
http://online.wsj.com/article/SB10001424127887323893504578555381442663340.html