King of Spain's scandal-hit son-in-law steps down at Telefonica

King of Spain's scandal-hit son-in-law steps down at Telefonica: MADRID (Reuters) - The King of Spain's son-in-law, under investigation over allegations that his sports charity was used to embezzle public funds, has stepped down from a lucrative U.S. post at telecoms giant Telefonica to distance the company from the scandal.