Antonino Pizzolato, 29, was sentenced to five years and four months in prison by judges in Trapani, Sicily, over the horrifying attack.
Pizzolato famously stood on the Olympic podium in Paris last summer while still on trial over the shocking allegations.
The disgraced Italian athlete won bronze medals at both the Tokyo 2020 and Paris 2024 Olympics.
Three other men – Davide Lupo, Claudio Tutino and Stefano Mongiovì – were also convicted and each handed the same five-year and four-month jail term.
Prosecutors had demanded ten years behind bars for all four defendants.
The case centred on the terrifying ordeal of a 27-year-old Finnish tourist during a holiday in Sicily in July 2022.
Judges also ordered the convicted men to pay compensation to the victim, who joined the legal fight to sue for damages.
The woman told the court she met the four Italians while enjoying a night out in Trapani with two friends.
After hours together, her friends returned to their hotel while she continued the evening with the group at a nearby residence.
The court heard the nightmare escalated after she realised Lupo was filming her on his phone while she kissed another member of the group.
She demanded the footage be deleted.
Prosecutors said the sickening sex attack began moments later.
The woman told judges she fell asleep on a sofa before waking up in shock and fear.
She said she did not fight back because she was terrified.
The horrifying ordeal only ended when she begged to be taken back to her accommodation.
The following day, she contacted police and reported the alleged attack.
The defence argued a video recovered from one defendant’s phone showed the woman had willingly taken part in the sexual acts.
But judges rejected that claim.
The court ruled that the absence of the woman’s free and informed consent had been proven.
Lawyers representing the four convicted men have announced plans to appeal.

