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Former Prime Minister Silvio Berlusconi was found guilty of tax fraud and sentenced to four years in prison Friday in a case involving the purchase of U.S. film and television rights via off-shore companies on behalf of Mediaset SpA, the country's largest private television broadcaster that he controls.
The court in Milan banned Mr. Berlusconi from holding public office for three years. But it acquitted Fedele Confalonieri, chairman of Mediaset, of the same charge.
Both Messrs. Berlusconi and Confalonieri, who had denied any wrongdoing, have the right to appeal.
Prosecutors had accused Mr. Berlusconi, Mr. Confalonieri and other suspects of falsely declaring the cost of purchasing the rights to U.S. productions to lower the tax bill.
Originally posted by lacrimaererum
unfortunately he will not spend a single day in prison. its all for show.
no doubt some conspiracy fraudsters will once again trot this out to use in he BS story about elites being arrested and locked up. Berlusconi will not be locked up.
Originally posted by MystiqueAgent
"The Former Prime Minister of Italy"
Now the question then becomes why would he have to do something such as tax fraud? Not that I am in the reply field and have closed the tab to the story I'm quite curious as to why someone of his status would need to. Was it that money was tight? Or just didn't want to? I always wonder on cases like this why those people who either have a lot of money or at least had high positions would need to do something of this sort.