Inaki Urdangarin, the 50-year-old husband of Spain’s Princess Cristina has been sentenced to five years and ten months in prison for crimes including fraud and tax evasion. Inaki Urdangarin reported on Monday, June 18 to a prison following an order issued by a court of the Spanish island of Majorca last week. His wife (Princess Cristina) had been acquitted of aiding her husband (Inaki Urdangarin) but she was ordered by the court to pay a €265,000 fine as a beneficiary of her husband’s fraud. Urdangarin was found guilty of using his Majorca-based foundation to siphon off about €6 million ($7.06 million) in funds between 2004 and 2006. King Felipe stripped them of the titles of the Duke and Duchess of Palma due to the scandal. The scandal contributed to the abdication by the former king Juan Carlos, who in 2014 gave his seat to his son, King Felipe VI.
Source: Viewers Corner News.
