Two of the most known fashion designers, Stefano Dolce and Domenico Gabbana, have recently been "sentenced to 20 months in jail for hundreds of millions in tax evasion".
"The pair were found guilty Wednesday of failing to declare €1 billion ($1.3 billion) in income tax to authorities. The court sentenced them both to one year and eight months in jail."
From Zero Hedge
"A court in Milan ruled that the pair had sold their world-famous brands to a Luxembourg-based holding company in 2004 to avoid declaring tax on royalties. They were also slapped with a suspended fine of €500,000 owed to Italy's national tax agency."
From The Guardian
Picture from here