Thursday, March 24, 2011

What's Their Common Denominator?

Image courtesy of www.fashion-forum.org

According to the New York Times, Milan prosecutor Laura Pedio has accused design duo, Domenico Dolce and Stefano Gabbana, of tax evasion when they sold their brands Dolce & Gabbana and D&G to Gado, a Luxembourg based holding company. The Italian financial police believed that Gado is a dummy company established by the two designers to avoid higher corporate taxes in Italy. This is a clear case of tax evasion because they set up a dummy company overseas while the firm operated in Italy. The two designers, together with seven other officials, will be facing criminal charges.  If convicted, they could face up to seven years in prison.

If you remember, in 2009 the BOY claimed that Dolce and Gabbana were responsible for putting him on the front row of their Milan fashion show. If this were true, I guess now we know what is their common denominator. The three of them are all scam artists!

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