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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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