Dooney & Bourke co-founder and chairman Frederic Bourke has been sentenced to one year and one day in prison for his role in bribing officials in Azerbaijan, reports the Wall Street Journal.

At the sentencing hearing, U.S. District Court Judge Shira Scheindlin also ordered Bourke to pay a $1 million dollar fine and will be under supervised release for three years after his term ends.

During the sentencing, Judge Scheindlin stated that it was "still not entirely clear whether Mr. Bourke is a victim, or a crook, or a little bit of both."

But added that the prison term was necessary to send a message that "such bribery must and will result in a jail sentence," reports the paper.

In July a jury found the 63-year-old executive guilty of conspiracy to violate the Foreign Corrupt Practices Act.

Prosecutors alleged that Bourke was aware of a plot in the '90s by Viktor Kozeny, president and chairman of Oily Rock Group Ltd., to bribe Azeri officials to allow Kozeny's investment group to a buy a stake in the government's oil corporation.

The prosecutors alleged that Kozeny then persuaded Bourke to invest in the illegal scheme, according to the source.

Kozeny is fighting extradition -- he is currently in the Bahamas -- and will face tougher federal criminal charges once on U.S. soil.

Meanwhile, Bourke's lawyers plan to appeal his sentence.

The handbag exec isn't the only fashion mogul to face time behind bars, this designer was infamously sentenced for 59 years.