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Wednesday, January 1, 1986
Volume:
2
Issue:
1
Abstract:
On January 17, 1986, Aldo Gucci, former chairman of Gucci Shops, Inc., the world wide Gucci clothing and leather goods stores, pleaded guilty in Manhattan (New York City) in the U.S. District Court to criminal charges for failing to pay more than $7 million in Federal income taxes. Gucci is a legal resident of the United States since 1977. However, he is not a U.S. citizen.