Iñaki Urdangarin Sentenced To Six Years In Prison for Nóos Fraud

  February 17, 2017 at 7:40 am by

The Nóos scandal has come to a conclusion today in Mallorca, where Iñaki Urdangarin was sentenced to serve six years and three months in prison after being found guilty of fraud by the Provincial Court of Palma. He has also been fined 512,000€.

Infanta Cristina, his wife, has been found not guilty of tax evasion. She will be required to pay a 265,000€ fine.

Urdangarin had been charged with several crimes – including embezzlement, forgery and money laundering – after it was claimed he ran a scheme diverting millions of Euros of public funds given to the Nóos Institute into private accounts.

Neither of the couple were in court for the verdict announcement. Urdangarin may appeal the verdict.

Filed under Spanish Royals
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2 Responses to Iñaki Urdangarin Sentenced To Six Years In Prison for Nóos Fraud

  1. Jennie says:

    OMG!! Seems like a harsh sentence, but it must be in line with Spanish law….wow…

  2. Lady Regina Duchess D'Albert De Tartas says:

    Ups

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