Four sentenced to death for Iran’s biggest bank fraud

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Four sentenced to death for Iran’s biggest bank fraud

Al Arabiya – An Iranian court has sentenced four people to death for their roles in a billion-dollar banking fraud scandal that forced bank executives out of their jobs and tainted the government of President Mahmoud Ahmadinejad, state media reported on Monday. The sentences came at the end of a trial of 39 suspects that started in February. The magnitude of the scandal was estimated at $2.6 billion when it came to light in September last year. Read Article

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