Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By NESARA
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Iran Hangs Main Convict in $2.6 Billion Banking Fraud

Sunday, May 25, 2014 15:27

% of readers think this story is Fact. Add your two cents.

Iran Hangs Main Convict in $2.6 Billion Banking Fraud

Share on facebook Share on twitter Share on email Share on pinterest_share More Sharing Services 38

Iran hangs main convict in biggest banking fraud

Top Daily Story … Press TV, Tehran

Sometimes it is just better to do things the old fashioned way

[ Editor Note: Good gosh....stringing a mega bank fraud guy up on a rope...who would have figured. I wonder if it that might catch on over here as we have so many. We immediatedy need to see if we can get an Iranian exchange program going to teach us how to to it!
But I do think $2.6 billion is a bit too high of a threshold for a date with a first and last rope dance lesson. I would set the capital crime penalty at a couple of million max, because I'm a nice guy, really.

This guy sure had some big cahoonas, using bank fraud money to buy up a bunch of state industries...or maybe a death wish?
We went through our financial pillaging here and not only did we not see a conviction, but are still waiting for the first arrest. We've got to get our Iranian game on folks, and "put the fear" on the bad boys.
Once you can hang them for mega fraud, it's just one more step for political fraud and there would no end to the fun there. Is this Memorial Day dreaming on my part?. It may be, but please indulge me anyway...Jim W. aka 'the hangman' Dean ]

_________________________________

- First published May 24, 2014 -

Bye, bye MahAfarid

Iran has executed the number-one convict in the biggest embezzlement case in the country’s banking history.

According to Tehran’s Public Prosecutor’s Office, Mahafarid Amir-Khosravi was hanged at Evin detention center Saturday dawn.

Khosravi was convicted of disrupting the country’s economy through embezzlement, money laundering, and bribery. He had denied many of the charges.

In July 2012, a Tehran court handed down a death sentence to Amir-Khosravi and three others, including Behdad Behzadi, his legal advisor, Iraj Shoja, his financial solicitor and Saeed Kiani Rezazadeh, the head of the Ahvaz branch of Saderat Bank. The first court session in the case was held on February 18.

Former CEO of Iran’s Melli Bank Mohammad Reza Khavari, who is one of the main suspects in the case, is on the run and wanted by the Interpol.

The president of Melli Bank’s branch in Kish received a sentence of life imprisonment and Khodamorad Ahmadi, a former official involved in the embezzlement case, was sentenced to 10 years in prison.

Other defendants were handed down sentences varying from flogging to paying cash fines and being barred from public office.

The defendants stood trial for misappropriating a total of USD 2.6 billion of funds by using forged documents to obtain credit from banks to purchase state-owned companies.

According to the indictment, the owners of Aria Investment Development Company, which is at the center of the controversy, had bribed bank managers to get loans and letters of credit. The company has more than 35 offshoots active in diverse business activities.

_____________________________________

The views expressed herein are the views of the author exclusively and not necessarily the views of VT or any other VT authors, affiliates, advertisers, sponsors or partners. Legal Notice

Source: http://nesaranews.blogspot.com/2014/05/iran-hangs-main-convict-in-26-billion.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

LION'S MANE PRODUCT

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.

Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

Comments

Visits:	1,707,682,090
Stories:	8,448,277