News reaches us today that Italian designer duo, Domenico Dolce and Stefano Gabbana, have each been sentenced to one year and eight months in prison on charges of tax evasion. The decision was made this afternoon following a three hour court session regarding the designers' actions.

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Dolce and Gabbana lawyers released a statement this evening that read, "The two designers were charged with not having paid taxes for an amount of money which was double of what they had actually earned." It continued, "In fact, the CEO of this Company together with other people including the designers, were found guilty of having contributed in a violation of the said taxes declaration omission."

"The absolution of the designers for the declarations related to their individual earnings is at the same time blatant and dramatic, because, notwithstanding the same fact was ruled as non-existent by today's Court, the Internal Revenue Service might proceed with their operations against them, fining them for the excessive and surreal amount of money of more than 400 million Euros."

"Due to the fact that the two designers do not have this kind of money - as the judge stated today, that they have never earned it - most probably the Internal Revenue Service will attack their most precious part of their patrimony, which is their shareholding in the Dolce & Gabbana Company. We are anxious to even think of what the economic and social repercussion of this act might mean."

The designer duo have customers including the likes of Madonna, Kate Moss and Kylie Minogue and are highly praised for their creations season after season on the catwalk. They are set to appeal the decision.