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Tax fraud: Perfume heiress Arlette Ricci sentenced to one-year prison term

  • Arlette Ricci, the heir to the Ricci perfume and fashion house, has been sentenced to a year in jail and fined €1 million after being convicted for tax fraud.

    The Paris court, which held the 73-year-old guilty of hiding millions of euros in an offshore account, also confiscated properties that are worth €4 million. She has also been awarded a two-year suspended sentence.

    Meanwhile, Ricci’s daughter Margot Vignat got an eight-month suspended sentence. Ricci has the option of appealing against her conviction.

    Tagged as: Arlette Ricci, perfume heiress, Ricci empire, tax fraud, Paris court, Margot Vignat, business news