On February 17, 2017, Infanta Cristina of Spain was acquitted of tax fraud and money laundering and her husband Iñaki Urdangarín was found guilty of embezzling about 6 million euros in public funds for sporting events through his nonprofit foundation and of political corruption by using his former title of Duke of Palma de Mallorca as the husband of the Infanta Cristina. Urdangarín was sentenced to six years and three months in prison.
Infanta Cristina is the second daughter and the second of the three children of former King Juan Carlos of Spain and his wife Queen Sofia. King Juan Carlos abdicated in 2014 in favor of his son King Felipe VI of Spain. In 1997, Infanta Cristina married Iñaki Urdangarín, a professional team handball player, a member of the Spanish Olympic Handball Team in the 1992, 1996 and 2000 Olympics, winning bronze in 1996 and 2000, and serving as team captain in 2000. The couple has three sons and one daughter.
In early 2011, allegations were made against Urdangarín regarding misappropriation of public funds through his Nóos Institute. He took a leave of absence from his position with Telefónica in Washington, DC, and the family returned to Spain in 2012. After it was discovered that large sums of money were transferred to several foreign accounts, it was announced that he would no longer take part in any official functions of the Spanish royal family. In early 2012, he began testifying before the courts in response to the allegations. He, along with several others, were investigated and were charged with embezzlement, fraud, breach of trust, forgery, and money laundering. Infanta Cristina was also charged with tax fraud and money laundering in mid-2014. The trial began in January 2016.
In June 2015, King Felipe VI of Spain formally stripped his sister, Infanta Cristina, of her title of Duchess of Palma de Mallorca. Neither the Infanta, nor her husband are permitted to use the title any further.