Iran to Execute 4 Bankers on Fraud Charges - by Brittany Stepniak
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Iran's judiciary system recently worked through the biggest banking fraud case in the nation's history.
According to The New York Times, the outcome of the case was made official on Monday. Results were dramatic to say the least.
Judiciary spokesman Gholam-Hossein Mohseni-Ejei told reporters that four people had been officially sentenced to death on charges of corruption and “disrupting the country's economic system.”
The guilty party was responsible for mishandling $2.6 billion of funds – using forged documents in order to receive credit from banks, permitting them to purchase state-owned companies.
