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Italian Supreme Court refuses to lift Berlusconi prison sentence
August 1, 2013 3:13PM ET
Italy's top court on Thursday confirmed a prison sentence for former prime minister Silvio Berlusconi in the first ever definitive conviction in a tumultuous career for the billionaire tycoon.
The court upheld a tax fraud sentence of four years in prison of which three years are covered by an amnesty, even though Berlusconi is certain to be granted community service or house arrest instead.