Creative Directors of D&G, Domenico Dolce and Stefano
Gabbana have been found guilty of tax evasion to the tune of $1.3bn. The verdict was announced this afternoon after hours of
consideration by a three-judge panel who decided to uphold last June's guilty verdict that saw the designers both
sentenced to 20-months in prison for allegedly committing tax
evasion, Vogue UK reports.
The alleged crime is said to have been a result of the
sale of their Dolce &
Gabbana and D&G brands to the Luxembourg-based holding
company Gado Srl in 2004.
Dolce & Gabbana
have always denied the charges and
promptly appealed last year's decision with their legal
representative. But the appeal has been denied and both men are now facing prison time
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