Iran: Death Sentences for Fraud
By THOMAS ERDBRINK
Published: February 18, 20
An Iranian court on Monday confirmed the death sentences for four people convicted of participating in a $2.6 billion embezzlement scheme, the biggest fraud in Iran’s history. The four bankers and businessmen, including Mahafarid Amirkhosravi, the chief executive of the Arya Investment Group, were convicted of “disturbing the country’s economic system through collusion and corruption in the banking network.” They cannot appeal the court’s decision. Twenty-five other people, including two government officials, have been sentenced to long prison terms and large fines, the spokesman of Iran’s judiciary announced Monday.
http://www.nytimes.com/2013/02/19/world/middleeast/iran-death-sentences-for-fraud.html?_r=0
Administrator says:
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20th February 2013 at 1:56 pm
Administrator says:
The future of banking.
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20th February 2013 at 2:00 pm
Zarathustra says:
Clearly this is another reason Iran must be destroyed. Justice for criminal bankers sets an intolerable precedent for the world financial system.
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20th February 2013 at 2:41 pm
KaD says:
I’m surprised they weren’t just beheaded.
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20th February 2013 at 2:45 pm
AWD says:
That is exactly what should happen to banksters and criminal politicians. I am hoping it will happen soon enough (at least in my lifetime). It is also my hope that my children and their friends will be the ones to do it, after all, they’re the ones getting screwed the worst, and have more life ahead of them.
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20th February 2013 at 2:46 pm
Dorkus Maximus says:
A good start.
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20th February 2013 at 3:53 pm
Chicago999444 says:
There are worse punishments than death…like absolute, inescapable, permanent poverty.
I don’t mean “poverty” as in $20,000 a year part-time salary in dump apt, or in h ouse you’ve been squatting in for 3 years without making payments.
I mean wirecage SRO poverty. Sleeping-in-doorways-and-dumpster-diving-for-food poverty, the kind where you spend the day shuffling on sore feet in tattered, wet shoes from one shelter to the other in the 20 degree weather, because you’re single and childless and don’t qualify for any of the Free Shit programs, and you get tickets for loitering and are even glad for them because at least it’s a free cot and 3 hots.
That’s what I’d like to do to our banksters. If these people had been prosecuted to the full extent of the law for the hundreds of counts of easy-to-prove crimes such as insider trading, self-dealing, securities fraud, and mortgage fraud, and fined for all their ill-gotten gains plus restitution plus treble damages, and stripped of any and all professional certifications, licenses, and registrations, this is what there would be for them.
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20th February 2013 at 4:36 pm
Zarathustra says:
Chicago, nice idea but it would never work. All they’d have to do is bum a quarter, call up their buds and they’d be back in the saddle in no time.
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20th February 2013 at 4:40 pm
JIMSKI says:
If I had to do it all over again I might consider the madoff route. Live like a freaking KING until you are worn out and used up and then at age 70 do soft time in a prison laundry.
NAAAWWWW………..
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20th February 2013 at 4:54 pm
printmemoney says:
This is what happens when you don’t cut the government in.
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20th February 2013 at 11:11 pm