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An Italian court has imposed an 18 month prison sentence on former Renault boss Flavio Briatore. Two years ago, the flamboyant Italian was convicted over a case surrounding tax evasion relating to his luxury yacht Force Blue.
Now, La Gazzetta dello Sport claims that with the prosecution pushing for a 4 year jail sentence, an appeals court in Genoa has instead imposed a one year and 6 month punishment for tax crimes. Briatore and four others had been found guilty of using the yacht only recreationally, therefore dodging EUR 3.6 million in value-added tax by issuing fake invoices.
Force Blue was also confiscated. Briatore's lawyer said: "We take note of the judge's decision and will appeal to the supreme court. We are convinced of Mr Briatore's innocence." (GMM)
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C. Sainz jr
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Barron
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Lost the plot and his yacht. Instant Karma for Mr Briatore. Now he can add ‘jailbird’ to his impressive resume of cheating and scamming.