Flavio BeccaCourt of appeal issues suspended one-year prison sentence, monetary fine

RTL Today
On Wednesday, the court of appeal issued a suspended one-year prison sentence as well as a monetary fine to businessman Flavio Becca.
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Becca was found guilty of money laundering and misusing company funds.

In a first ruling, Becca initially received a suspended two-year prison sentence and a fine of €250,000. The court of appeal has now confirmed the accusations of misusing company funds, money laundering, as well as the fine. However, the suspended prison sentence has been reduced by twelve months.

Furthermore, they decided to seize all of the 842 luxury watches that Becca purchased with company funds between 2004 and 2011. Their combined estimated worth amounts to €18 million.

Becca’s lawyer Lydie Lorang noted that they will appeal on points of law. Becca’s spokesperson has meanwhile announced that they will not comment on the case before receiving the written sentence.

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