ShootSpeeders
Gold Member
- May 13, 2012
- 20,232
- 2,366
America has the most criminal bankers in the world and obama's response is to give them trillions of dollars. Obozo has made a shambles of Rule of Law and we are now a banana republic.
News from The Associated Press
May 24, 11:16 AM EDT
TEHRAN, Iran (AP) -- A billionaire businessman at the heart of a $2.6 billion state bank scam in Iran, the largest fraud case since the country's 1979 Islamic Revolution, was executed Saturday, state television reported.
Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran, the TV reported. The report said the execution came after Iran's Supreme Court upheld his death sentence.
The fraud involved using forged documents to get credit at one of Iran's top financial institutions, Bank Saderat, to purchase assets including state-owned companies like major steel producer Khuzestan Steel Co.
A total of 39 defendants were convicted in the case. Four received death sentences, two got life sentences and the rest received sentences of up to 25 years in prison.