PO BAG 1: tax fraud

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17 February 2017

Spain's Princess Cristina found not guilty in tax fraud case

In this Feb. 8, 2014 file photo, Spain's Princess Cristina arrives at the courthouse in Palma de Mallorca, Spain. A Spanish court on Friday Feb. 17, 2017, found Princess Cristina not guilty in a tax fraud case in which her husband Inaki Urdangarin , was sentenced Friday to 6 years and 3 months in prison for evading taxes, fraud and various other charges.

In a wide-ranging tax fraud case that captivated Spain, Princess Cristina was found not guilty Friday of being an accessory to fraud but her husband was convicted and sentenced to more than six years in prison.

A panel of judges ruled that Cristina, the 51-year-old sister of King Felipe VI, will be required to pay nearly 265,000 euros (over $280,000) in fines because the court considers that she indirectly benefited from the fraud.