Friday, October 26, 2012

Former Italian Prime Minister Silvio Berlusconi Sentenced To Four Years For Tax Fraud



Silvio Berlusconi Sentenced To Four Years For Tax Fraud -- BBC

Former Italian Prime Minister Silvio Berlusconi has been sentenced to four years in prison for tax fraud.

Mr Berlusconi and others were accused of buying US film rights at inflated prices via two offshore companies under his control.

The former prime minister is expected to appeal against the verdict.

He has faced a number of trials connected to his business affairs, but has either been cleared or cases have run beyond the judicial time limit.

In the case for which he was sentenced on Friday, prosecutors alleged that part of the money declared for the purchase of film rights was skimmed off to create illegal slush funds, reducing tax liabilities for Mediaset, one of Mr Berlusconi's companies.

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More News On The Sentencing Of Former Italian Prime Minister Silvio Berlusconi Sentenced To Four Years For Tax Fraud

Silvio Berlusconi 'sentenced to four years in jail' -- The Telegraph
Milan owner Silvio Berlusconi sentenced to prison for tax evasion -- The Guardian
Berlusconi sentenced to prison for tax fraud -- Deutsche Welle
Italy's Berlusconi Guilty of Tax Fraud; Sentenced to Four Years in Prison -- Wall Street Journal
Berlusconi Sentenced to Four Years in Prison for Fraud -- Bloomberg
Ex-Italian PM Berlusconi handed 4-year prison term for tax fraud -- CNN
Italy's Berlusconi sentenced to jail for tax fraud -- Reuters
Berlusconi sentenced to four years in prison for tax fraud -- Sydney Morning Herald
Former Italian PM Silvio Berlusconi sentenced to four years in jail for tax evasion -- National Post/AP
Silvio Berlusconi: the man of 2,500 court hearings -- The Telegraph

My Comment:
When I see him in an orange jumpsuit and behind bars is when I will believe it.

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