Italy court convicts Silvio Berlusconi of tax evasion, sentenced to four years jailSubmitted by emalvini on Fri, 10/26/2012 - 12:03
AP | October 27, 2012
In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal.
The conviction was the media mogul's first; other criminal probes and trials had ended in acquittal or were thrown out for statute of limitations.
Earlier in the week, Berlusconi had announced he wouldn't run for a fourth term. The 76-year-old media mogul wasn't in the courtroom for the verdict on the case stemming from dealings in his Mediaset business empire.