PARIS — Arlette Ricci, the granddaughter of the late French couturier Nina Ricci, was found guilty here Monday of fiscal fraud.
A Paris criminal court sentenced her to three years in prison — with two years suspended — and a fine of 1 million euros, or $1.1 million at current exchange, a spokesman for France’s national financial prosecution office said.
The court has ordered the confiscation of a house in Paris and a property in Corsica, as well.
Arlette Ricci’s name had emerged as part of the affair dubbed “Swiss Leaks,” which is based on leaked files about the inner workings of HSBC’s Swiss private banking arm and related to secretive accounts worth more than $100 billion held by high-profile individuals.
Ricci was tried by the court for allegedly having hid in Panama more than $22 million from the French tax authorities.
Her daughter has also been handed down an eight-month suspended prison sentence for fiscal fraud, while Ricci’s tax lawyer was given a one-year suspended jail sentence and a fine of 100,000 euros, or $105,807.
Ricci’s father, Robert Ricci, was Nina Ricci’s son.