article_snippet.sent: Arlette Ricci (above), the multi-millionaire owner of  Arlette Ricci, was today sent to prison for trying to hide Arlette Ricci fortune from the French taxman through HSBC .
article_snippet.sent: The multi-millionaire owner of the Nina Ricci fashion company was today sent to prison for trying to hide her fortune from the French taxman through HSBC bank.
article_snippet.sent: Arlette Ricci, 74 and one of the richest women in Europe, was ‘particularly determined’ to stash money in Swiss accounts for more than two decades.
article_snippet.sent: According to the transcript, Arlette Ricci boasted that Arlette Ricci changed banks to escape prosecution and spent the hidden funds on buying a chalet in an upmarket Swiss ski resort.
article_snippet.sent: In what will set a legal precedent for other cases of tax fraud through HSBC, Arlette Ricci was also fined the equivalent of more than £700,000.
article_snippet.sent: Arlette Ricci was accused of transferring the deeds of the properties to family trusts in an attempt to restructure Arlette Ricci assets, so as to evade penalties.
article_snippet.sent: Henri-Nicolas Fleurance, Arlette Ricci’s tax adviser, was given a one-year suspended prison sentence and an £8000  fine for attempting to organise Arlette Ricci insolvency.
article_snippet.sent: Ricci entrusted the organisation of the funds with.'
article_snippet.sent: Ricci was the first of more than 50 high-profile French nationals being pursued in the courts for using Swiss accounts to hide Swiss accounts money.
article_snippet.sent: Ricci inherited Ricci fortune on Ricci death in 1988.