‘Iran hangs billionaire over $2.6b bank fraud’ — Haaretz

 

In this picture Feb. 18, 2012 photo, released by the Iranian Students News Agency, ISNA, Mahafarid Amir Khosravi speaks at his trial in a court in Tehran, Iran. Photo by AP

In this picture Feb. 18, 2012 photo, released by the Iranian Students News Agency, ISNA, Mahafarid Amir Khosravi speaks at his trial in a court in Tehran, Iran. Photo by AP

 

Another Banker Dead: IRAN Executes Rothschild Billionaire On $2.6 Billion Bank Fraud

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Billionaire Mahafarid Amir Khosravi, executed In Iran.

NWO Rothschild billionaire at the heart of a $2.6 billion state bank scam, 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 station reported. The report said the execution came after Iran’s Supreme Court upheld his death sentence.

Khosravi’s lawyer, Gholam Ali Riahi, was quoted by news website khabaronline.ir as saying that his client was put to death without any notice.

“I had not been informed about execution of my client,” Riahi said. “All the assets of my client are at the disposal of the prosecutor’s office.”

(Wikipedia) “Mofsed-e-filarz (Persian: مفسد فی الارض, also Mofsed fel-Arz, Arabic: المفسد في الأرض ) is the title of capital crime (or person guilty of the crime) in the Republic of Iran, that has been translated in English language sources variously as “spreading corruption on Earth”, “spreading corruption that threatens social and political well-being”, “corrupt of the earth; one who is charged with spreading corruption,” “gross offenders of the moral order”, and “enemies of God on Earth.”

State officials did not immediately comment on Riahi’s claim.

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.

Khosravi’s business empire included more than 35 companies from mineral water production to a football club and meat imports from Brazil. According to Iranian media reports, the bank fraud began in 2007.

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.

The trials raised questions about corruption at senior levels in Iran’s tightly controlled economy during the administration of former President Mahmoud Ahmadinejad.

Mahmoud Reza Khavari, a former head of Bank Melli, another major Iranian bank, escaped to Canada in 2011 after he resigned over the case. He faces charges over the case in Iran and remains on the Islamic Republic’s wanted list. Khavari previously admitted that his bank partially was involved in the fraud, but has maintained his innocence.

Khosravi was charged with being “corrupt on earth”,  a charge that would make him an enemy of God and carry the death penalty. He  ranked 219th among Forbes ’​ richest people in the world ,he was considered the richest man in Iran.