Iran sentences four to death for bank fraud
The Iranian Revolutionary Court has sentenced four people to death and two to life in prison following their convictions related to a $2.6 billion bank fraud, the country’s state prosecutor was quoted by the IRNA news agency as saying. Thirty-three other defendants linked to the scam also received sentences of up to 25 years in prison. Only general information has been released about the case, described as the country’s biggest financial scam, and the names of the defendants have not been released. The linchpin defendant, nicknamed Amir Mansour Aria, is described as the head of a company which prosecutors say paid bribes to bank staff and managers, and used “incorrect connections with executive and political elements” to accumulate wealth. Aria is also said to have forged documents to obtain credit from one of Iran’s top banks.
The Iranian Revolutionary Court has sentenced four people to death and two to life in prison following their convictions related to a $2.6 billion bank fraud, the country’s state prosecutor was quoted by the IRNA news agency as saying. Thirty-three other defendants linked to the scam also received sentences of up to 25 years in prison. Only general information has been released about the case, described as the country’s biggest financial scam, and the names of the defendants have not been released. The linchpin defendant, nicknamed Amir Mansour Aria, is described as the head of a company which prosecutors say paid bribes to bank staff and managers, and used “incorrect connections with executive and political elements” to accumulate wealth. Aria is also said to have forged documents to obtain credit from one of Iran’s top banks.
