Ricci perfumes heiress found guilty in HSBC tax fraud case

April 13, 2015 12:03 PM

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PARIS, April 13 (Reuters) - A Paris court on Monday found the heiress of the Nina Ricci perfume and fashion business guilty of tax fraud in a high-profile trial prompted by leaked lists of people who used the services of HSBC bank in Switzerland.

Arlette Ricci, 73-year-old granddaughter of Nina Ricci, was sentenced to three years in jail with one year suspended and ordered to pay a fine of 1 million euros ($1.05 million) in a verdict read out by a judge at a criminal court.

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