Princess Cristina of Spain Suspected of Fraud (Financial Times)
Spain’s Princess Cristina Federica de Borbon y Grecia will be formally questioned on April 27, 2013 in connection with Iaki Urdangarin’s (her husband) activities as president of Instituto Nos (Nos). Nos is a “non-profit” sports marketing organization. As president, Mr. Urdangarin is alleged to have pilfered millions of euros from public funds for his own, personal comfort. The investigation is led by Judge Jos Castro, who named the Princess a suspect after determining it would have been almost impossible for her to miss her husband’s activities from her position on Nos’ Board of Directors. This latest incident to mar the reputation of King Juan Carlos’ family comes at a time when Spain needs everything but bad publicity to help with economic recovery efforts. Does anyone think the Princess will do hard time?
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services: