Monday, 26 May 2014

Iranian billionaire 'secretly executed' over biggest bank fraud in country's history

         Mahafarid Amir-Khosravi began his fraudulent activities in 2007 and was able to buy a meat exporting company                                                                            and football team with the money he stole

A billionaire businessman that was responsible for the biggest bank fraud Iran has ever seen has been executed, Iranian state media has said.

Mahafarid Amir-Khosravi, also known as Mansour Aria, was hanged at Tehran’s Evin prison on Saturday after being convicted of a scam that was said to have cost Iranian banks nearly £1.5 bn.

Alongside Khosravi, 39 defendants were convicted for fraud, with four others being sentenced to death.

According to Khosravi’s lawyers, the execution had taken place in secret and without more »


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