Complete article can be found here: http://www.courttv.com/news/2007/0731/cipriani_ctv.html?link=eaf
"A Manhattan district attorney said he would not recommend jail time for the famed father-and-son owners of the Rainbow Room and Cipriani restaurants, who pleaded guilty Tuesday to swindling the city and state out of nearly $10 million in taxes."
"Arrigo Cipriani, the patriarch of the Cipriani family restaurants, and his son, Giuseppe Cipriani, the CEO of Cipriani USA, acknowledged in state Supreme Court that they deducted sham royalties from their taxes and knowingly falsified their tax returns. Arrigo Cipriani pleaded guilty to felony tax charges, while his son pleaded guilty to misdemeanor tax charges."
"Under the plea agreement, they will be required to pay $10 million in back taxes. The felony charge of filing false returns carries a maximum sentence of 21 months, and the misdemeanor charge carries a maximum sentence of one year. They are expected to receive probation when they are sentenced Oct. 10."
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