The biggest banking fraud in Iran’s history.. Results

[Ichingcarpenter]

I missed this story but found it through various links







The outcome of the biggest banking fraud case in Iran’s history was made official on February 18. According to Associated Press, four bankers have been sentenced to death in Iran for their role in a $2.6B scandal, while two more bankers were given life sentences, and 33 more accomplices will spend up to 25 years in jail, the chief prosecutor was quoted as saying. This is the biggest banking fraud in Iran’s history, and the stiff decision reveals that the bankers in Iran don’t run the country.

Iran’s Supreme Court upheld the sentence passed at the trial last summer. Attorney General Gholam-Hossein Mohseni-Ejei told reporters that the four bankers were guilty of corruption and “disrupting the country’s economic system.” The scandal involved the use of forged documents in order to receive credit from banks, which enabled them to purchase state-owned companies.

Iran’s PressTV said that, according to the indictment, the owners of Aria Investment Development Company, which has 35 offshoots active in diverse business activities, had bribed bank managers to get loans and letters of credit.


The four people sentenced to death include Aria President Mahafarid Amir-Khosravi, his legal adviser, Behdad Behzadi, his financial solicitor, Iraj Shoja and the head of the Ahvaz branch of Saderat Bank, Saeed Kiani Rezazadeh. The president of the Bank Melli branch in the city of Kish was sent to prison for life. Former Deputy Minister Khodamorad Ahmadi has been sentenced to 10 years in prison. Several others involved have also been slapped with heavy fines and many have also been prohibited from holding public office.

- See more at: http://americanfreepress.net/?p=9145#sthash.7YXX19C8.dpuf

[Demo_Chris]

1. Yet one more reason we must invade, and quickly. Bankers are in peril!

[hobbit709]

2. Here we give them government positions.

[malaise]

3. +1,000

I drink BMC to that

[hobbit709]

4. Baronhall Estate this morning.

Just donated $50 to Wendy for Gov. and ordered some bumper stickers.

[malaise]

6. I really want Wendy to win

[Buns_of_Fire]

5. 25 years in prison, 10 years in prison, prohibited from holding public office, heavy fines...

And I imagine none of them will be serving on the Iranian Council of Economic Advisors anytime soon, either. Save the death penalty, it would seem we could learn something from Iran.

[lonestarnot]

11. Isn't that just fucking ironic! OMG.

[muriel_volestrangler]

7. FWIW, 'American Free Press' is an ultra-right, racist, anti-semitic site

It's not just the "Obama Scandal" "Bilderberg Secrets Revealed" stuff you can see there - that would make it on a par with, say, Alex Jones. It's things like "Rudolph Hess: His Betrayal and Murder" that are the real clue. They are anti-semitic, pro-Nazi.

Willis Carto has been a major figure on the American radical right since the 1950s, when he set up his anti-Semitic Liberty Lobby with offices not far from the White House. Although at one time he had access to leading politicians, Carto eventually became infamous for his pro-Nazi and rabidly anti-Jewish views and lost those connections. In 1978, he founded the first major American Holocaust-denial outfit, the Institute for Historical Review. Throughout his career, Carto has been known for his anti-Semitism, anti-black racism and the wild alternative health claims regularly made in his various publications.
...
In 2001, after years of stalling and legal wrangling in an attempt to shield his assets from seizure, Carto was ordered by the courts to relinquish control of Liberty Lobby and The Spotlight and to vacate his long held Liberty Lobby offices in Washington, D.C. Soon after, Carto did shutter The Spotlight (its last edition was July 2, 2001). However, a month later, Carto and former staffers of The Spotlight created yet another newspaper, American Free Press. Today, the Press carries stories on Zionism, secret "New World Order" conspiracies, American Jews and Israel. Mixed in are advertisements for outfits like Pete Peter's Scriptures for America and Kingdom Identity Ministries — practitioners of Christian Identity, a theology that claims that Jews are the biological descendants of Satan.

http://www.splcenter.org/get-informed/intelligence-files/profiles/willis-carto

Don't trust anything they say - check that the AP really did report this. And remember that every link to AFP pushes their pages further up Google results.

[Ichingcarpenter]

9. I got the story from RT also

It doesn't change the fact that it happened.

[muriel_volestrangler]

10. Maybe a link to RT would be better, then?

As I said, just creating a link to a site helps it a bit. We all want American Free Press to disappear completely. They're scum.

[LittleBlue]

8. I guarantee our bankers would never pull their BS again

if they feared those punishments.

Here we give them medals and fete them at presidential dinners. Utterly shameful.

[Wilms]

12. ^