Guccio Gucci, the great-grandson of the Gucci founder of the...

Guccio Gucci, the great-grandson of the Gucci founder of the same name, has been arrested for alleged fraud worth €800,000. The entrepreneur's company Esperienza, which created the “To be G” handbag range, filed for bankruptcy in December 2013. Mr. Gucci is accused of removing €800,000 in cash and assets from ...

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