Iran Sentences Four to Death Over $2.6 Billion Bank Fraud

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Iran Sentences Four to Death Over $2.6 Billion Bank Fraud

Iran Sentences Four to Death Over $2.6 Billion Bank Fraud

NYT-

In the first sentences to be handed down in a $2.6 billion embezzlement case, an Iranian court ordered the death penalty for four people in the fraud that was uncovered in a network of Iranian banks last year, Iranian state media reported on Monday.

The four, who were not named in the report by the Fars news agency, were among 39 suspects who were convicted in what the Iranian authorities have described as the biggest financial swindle in the country’s history. The top prosecutor, Gholam Hossein Mohseni-Ejei, told reporters that two of the defendants had been given life sentences, while the others were given sentences of up to 25 years.

[NEW YORK TIMES]

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