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Dolce & Gabbana Could Face Criminal Trial For Tax Fraud

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This Friday, Dolce & Gabbana will find out if they will be put on trial for tax evasion.

As we mentioned last year, officials discovered Domenico and Stefano failed to pay taxes on over $1 billion in revenue.

Other designers who have faced tax evasion charges either settle their case or it's thrown out, unfortunately these two might not be so lucky.

The prosecution is seeking a criminal indictment against Dolce & Gabbana for fraud and setting up a fake company. Typically the maximum sentence for fraud is 5 years, but other details specific to the case could tack on another 2 years.

Eek.

And of course the jail time would be on top of repaying the Italian revenue agency and lots of fines.

[Image via WENN.]

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Prosecutors Request Trial Against Dolce & Gabbana For Tax Fraud

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On Friday, Italian prosecutor Laura Pedio put in a request to try Dolce & Gabbana founders Domenico and Stefano for tax fraud.

Last month officials investigated Gado, a company the designing duo set up in Luxembourg around 5 years ago, so they wouldn't have to pay Italian taxes.

As a result, the investigation found the company has failed to declare over 840 million euros (or $1.14 BILLION) in revenue.

Ouch.

It's unclear the punishment they'll face if found guilty, but we have a feeling it's not going to be good.

[Image via WENN.]

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