October 26, 2012 - Is convicted of tax fraud and sentenced to four years in prison. He plans to appeal.

December 8, 2012 - In a message posted on his website, Berlusconi says he will run for prime minister again.

December 16, 2012 - Berlusconi announces his engagement to 27-year-old Francesca Pascale, despite still being married to his second wife, Veronica Lario.

December 25, 2012 - Divorce settlement with second wife gives him the house in Milan, but she gets $132,000/day, $4million/month alimony. By Italian law couples must be legally separated for three years prior to divorce.