tool name

close
tool goes here

Berlusconi convicted of tax fraud in Italy

A Milan court on Friday convicted former Premier Silvio Berlusconi of tax fraud and sentenced the media mogul to four years in prison, a verdict that could see him barred from public office for five years.

Published: Oct. 27, 2012 at 12:05 a.m. PDT
0 comments

A Milan court on Friday convicted former Premier Silvio Berlusconi of tax fraud and sentenced the media mogul to four years in prison, a verdict that could see him barred from public office for five years.

The 76-year-old billionaire businessman is expected to remain free until the appeals process is exhausted. In Italy, cases must pass two levels of appeal before verdicts are final.

Prosecutors had brought the case against Berlusconi and 10 co-defendants over the purchase of rights to broadcast U.S. films on Berlusconi’s Mediaset empire.

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories

  • Milan prosecutors demand 6 years for Berlusconi

    Milan prosecutors on Monday demanded a prison sentence of six years and a lifetime ban from public office for former Premier Silvio Berlusconi in his sex-for-hire trial.

  • Pro-Berlusconi rally in Italy draws cheers, jeers

    Thousands of supporters of former Premier Silvio Berlusconi rallied in a northern Italian city Saturday to protest the media mogul's recent conviction by a Milan appeals court for tax fraud, cheering their hero as police in riot gear separated them from jeering opponents.

  • Stocks fall on worries of Italy, sequestration

    U.S. stocks fell sharply on Monday, with the Dow Jones industrial average having its worst session this year, as Italian elections and looming spending cuts in the U.S. hit sentiment.

  • Berlusconi looms large in Rome mayor election

    Silvio Berlusconi's figure looms large over Rome's mayoral elections this weekend, even though the former premier isn't among the 19 candidates running.

  • Ruby says her sworn testimony was lies

    The woman at the center of ex-Premier Silvio Berlusconi's sex scandal has denied in court ever telling a former roommate that she had sex with the then-premier.