It's unlikely, but she could ... prosecutors are asking for 8 years. Her husband, meanwhile, ex-handball player Iñaki Urdangarin, is facing 20 years in jail.
I don't know how many are familiar with the Caso Nóos but it's a huge embezzlement embarrassment for the Spanish royal family, and the verdict is due at 11am this morning!
Neither Princess nor husband are in Spain any more, they've scarpered to Switzerland, selling their multi-million house in Barcelona. They've been stripped (or he at least has been stripped) of the title Dukes of Palma ...
The whole scandal was probably the final straw in the loss of prestige for old King Juan Carlos when it all blew up a few years ago, and new King Felipe has clearly kept his distance, and the moral high ground ...
It will be interesting to hear the verdict in half an hour!
Potted history
HERE for those who would like to know more.