Globally known Italian designers Domenico Dolce and Stefano Gabbana are facing a prison sentence for tax evasion.
The fashion designers can be jailed for 2.5 years. They are accused of tax evasion in the amount of one billion euros. In March of this year Dolce and Gabbana were sentenced to a fine of 343 million euros, but they continue to insist on their innocence.
According to investigators, since 2004, when two companies - Dolce & Gabbana Luxemburg sarl and Gado sarl - were created in Luxembourg, the designers have been engaged in falsification of tax documents and financial statements. As a result, the Italian treasury did not receive about one billion euros.
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