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Spain’s Princess Cristina found not guilty in tax fraud case

By The Associated Press

MADRID (AP) — In a wide-ranging tax fraud case that captivated Spain, Princess Cristina was found not guilty Friday of being an accessory to fraud but her husband was convicted and sentenced to more than six years in prison.

A panel of judges ruled that Cristina, the 51-year-old sister of King Felipe VI, will be required to pay nearly 265,000 euros (over $280,000) in fines because the court considers that she indirectly benefited from the fraud.

Her husband, Inaki Urdangarin, was found guilty of evading taxes, fraud and various other charges. He was sentenced to six years and three months in prison and a fine of 512,000 euros ($545,000).

Urdangarin, a 49-year-old former handball Olympic medalist, can still appeal the decision to the Supreme Court, but the public prosecutor announced Friday that it would request a hearing to decide whether he needs to await developments in jail. He is still free so far.

The trial centered on accusations that Urdangarin used his former title, the Duke of Palma, to embezzle about 6 million euros ($6.6 million) in public funds for the nonprofit Noos Institute.

The provincial court in Palma de Mallorca, in the Balearic Islands, found six other people in the trial guilty, including Urdangarin’s business partner and a former regional president of the Balearic Islands. Ten people in all, including Cristina, were absolved by the court.

In a country mired with corruption scandals in politics and business, Spaniards paid close attention to the “Noos case” since the first signs of Urdangarin’s involvement emerged six years ago. As the scandal unfolded, Former King Juan Carlos’ decision to abdicate the throne in 2014 was seen as an effort to allow his son Felipe to restore the monarchy’s credibility.

When his sister Cristina was indicted, King Felipe cancelled her titles of Duchess of Palma, granted by their father in 1997 on the occasion of her wedding. She and Urdangarin are no longer invited to any official events by the Royal House.

Felipe and Queen Letizia made no immediate comment Friday on the court’s rulings during a visit to a museum in Madrid with the Hungarian president. A spokesman for the Royal House told Spanish media they respected the courts’ independence.

Inigo Mendez de Vigo, the minister who speaks for Prime Minister Mariano Rajoy’s conservative government, said Friday that it “shows that nobody is above the law and that the rule of law works.”

The Noos Institute organized conferences and sports-related events. Among the companies used by the institute to hide funds was Aizoon, a real estate consulting company jointly owned by Cristina and Urdangarin that paid for family holidays and wine bills, according to court documents.

Urdangarin ran Noos Institute with a partner, Diego Torres, who was sentenced to 8 1/2 years in jail in Friday’s ruling. Torres’ wife and Cristina, for whom an anticorruption group was asking for 8 years of jail each, were absolved by the court.

A lawyer with Cristina’s defense team, Miquel Roca, said the princess was “satisfied for the acknowledgement of her innocence” but she was still convinced that her husband wasn*t guilty.

“If we believed in the judicial system when the princess was made to sit in the dock, I think citizens can trust in it when she’s absolved,” Roca told reporters in Barcelona.

The couple lived in a mansion in Barcelona for years with their four children but since the investigation started they moved the family to Switzerland. On Friday, reporters waited outside their house in Geneva, hoping in vain to get a glimpse of the couple.

Spaniards had been waiting for the judges’ verdict since the trial ended in mid-2016. On Friday, reactions in the street were mixed, with a some people still expressing doubts over whether the law in Spain is the same for everyone.

“I think the prosecutor wasn’t trying to prosecute the crime but rather to protect the alleged criminal,” said Miquel Puig, a 62-year-old economist in Barcelona.

Maite Mila, a 52-year-old lawyer, said she believed the princess “benefited from what her husband did.”

“We have to respect the decision of the justice but I think they did it wrong,” Mila said.

___

Video journalist Hernan Muñoz contributed to this story from Barcelona and AP reporter Barry Hatton from Lisbon.

Don’t Settle for Student Loans to Pay for Online Education

By WTOP Staff
Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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