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NSW:Miss Universe fashion designer cleared of blackmail

One half of a pair of glamorous cousins is breathing easier after being cleared by a jury of blackmailing her family business partner.

Vicki Vlahos and her assistant Milad Ghazi were found not guilty in Sydney's Downing Centre District Court on Thursday of blackmailing Vicki's younger cousin Danielle Vlahos for nearly $4 million.

The cousins co-founded the fashion label Portia & Scarlett, which has achieved incredible success in Australia and overseas and was being eyed by a buyer for millions of dollars.

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