Italian fashion house duo Dolce and Gabbana has been sentenced to one year and eight months in prison for tax evasion of about one billion euros (N 245,000,000,000), according to media reports.
Lawyers for Dolce and Gabbana, whose celebrity clients include Beyonce and Madonna, immediately said they will be appealing, and under Italian law the sentence will be suspended in the meantime.
Domenico Dolce and Stefano Gabbana were accused of having transferred control of their brands to a shell company in Luxembourg in 2004 and 2005 to avoid paying Italian taxes.
This is not a joke.
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