Spain’s Princess Cristina To Face Unprecedented Fraud Trial
The sixth in line for Spain’s throne is accused of embezzling public money in the modern case of a Spanish royal going to trial.By Cliff Judy | December 22, 2014
A long-running investigation that got a Spanish princess banned from royal events and may have even played a part in her father abdicating the throne will go to trial.
In unprecedented accusations, prosecutors say Princess Cristina helped her husband embezzle millions of dollars from local governments nearly a decade ago. While her attorneys have repeatedly declared her innocence over the years, prosecutors say a company run by Cristina’s husband vastly overcharged to run sporting events and then transferred some of that money to another company owned by the couple. (Video via Sky News & Euronews)
The scandal not only tarnished the princess’ reputation, but that of her father — an impressive feat when you consider how beloved King Juan Carlos was during his four decades on the throne.