[Updated at 10:35 a.m. ET] Italy's flamboyant former Prime Minister Silvio Berlusconi was sentenced Friday to four years in prison for tax fraud.
Berlusconi is likely to appeal the sentence handed down by a court in Milan, Italy. The case involved his Mediaset group and the purchase of TV rights. Berlusconi, 76, resigned as prime minister in November over his country's debt crisis, bringing to an apparent end an 18-year era in which he dominated Italian politics. For more details about the case, check out this story.