A 73-year-old heiress of the fashion and perfume house Nina Ricci has been convicted of tax fraud and sentenced to a year in prison for hiding millions of euros in the Swiss accounts of the HSBC bank before getting caught in a massive leak of names.

The heiress of the fashion and perfume house Nina Ricci has been sentenced to a year in prison and ordered to pay heavy fines and back taxes for having hidden millions of euro in HSBC bank accounts in Switzerland.