Ricci fashion heiress convicted of tax fraud
The heir to the Nina Ricci perfume and fashion fortune has been convicted of tax fraud by a Paris court after hiding millions in an offshore HSBC account.
Arlette Ricci, 73, was sentenced to a year in prison and ordered to pay a €1 million (£720,000;$1.1m) fine.
Her lawyer, Jean-Marc Fedida, claimed his client had been made an example of, calling her sentence "extremely severe".
Ms Ricci has always denied any wrongdoing, as Hugh Schofield reports.
13 Apr 2015
- From the section Europe