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At first, we thought it was some big joke or even if it were true, the law was going to let it slide but hey! This is for real. The multi-million dollar international fashion duo will be heading behind bars for tax evasion, sooner than we can say Jack Robinson.
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A Milan court convicted the owners of Dolce & Gabbana of tax fraud after the designers were accused of transferring control of their funds to a company in Luxembourg in 2004 to avoid paying Italian taxes.
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According to reports, the designers set up the company called “Gado” in Luxembourg to disguise their attempt at tax fraud. Both however denied the charges same as in 2009 when an Italian judge dismissed charges they faced. The Italian high court has re-opened the case however, and has ruled against the designers this time.
Looks like this is where fashion ends for Domencio Dolce and Stefano Gabbana as they would be trading glamour for inmate stylish jumpsuits for at least 1year 8months.
What a shame!
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