Judge Charges Spanish Princess With Tax Fraud
January 7, 2014
In a deepening scandal for the Spanish royal family, the youngest daughter of King Juan Carlos was charged on Tuesday with money laundering and tax fraud by a judge who ruled there was evidence she had committed crimes.
The charges are part of the investigation of a corruption scandal that has also ensnared the princess’s husband, Iñaki Urdangarin, a businessman and former Olympic handball athlete, who is also fighting charges of fraud, tax evasion, and embezzlement of 6 million euros, or about $8 million, in government money though his nonprofit foundation that organized sports conferences.