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Chilean president's daughter-in-law may face up to 5 years in prison for fraud

14 January 2017 08:31 (UTC +04:00)

Chilean President Michelle Bachelet's daughter-in-law Natalia Compagnon may face up to five years of imprisonment due to accusations of fraud, APA reported citing Sputnik.

The LaTercera news outlet reported Friday that Compagnon, the wife of Bachelet's oldest son, and Mauricio Valero, her business partner, are suspected of participating in illegal dealings through Caval company that provides consulting services for mining companies.

Compagnon and Valero attended a court hearing on Friday. According to Prosecutor Emiliano Arias, they are accused of fraud in 2012-2013 dealings with entrepreneur Gonzalo Vial Concha, namely for selling him eight reports about mining industry for over $1 million, while the information turned out to be copied from the Internet. They are also suspected of tax evasion.