Business

Iran billionaire executed over $2.6B bank fraud

By Washington Examiner
Published May 24, 2014 3:16pm ET
Add Washington Examiner on Google
Iran billionaire executed over $2.6B bank fraud
In this picture Feb. 18, 2012 photo, released by the Iranian Students News Agency, ISNA, Mahafarid Amir Khosravi speaks at his trial in a court in Tehran, Iran. Khosravi, a billionaire businessman at the heart of a $2.6 billion state bank scam, the largest fraud case since the country's 1979 Islamic Revolution, was executed Saturday, state television reported. Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran, the station reported. The report said the execution came after Iran's Supreme Court upheld his death sentence. (AP Photo/ISNA, Hamid Foroutan) | Hamid Foroutan

TEHRAN, Iran (AP) — A billionaire businessman at the heart of a $2.6 billion state bank scam in Iran, the largest fraud case since the country’s 1979 Islamic Revolution, was executed Saturday, state television reported.

Authorities put Mahafarid Amir Khosravi, also known as Amir Mansour Aria, to death at Evin prison, just north of the capital, Tehran, the TV reported. The report said the execution came after Iran’s Supreme Court upheld his death sentence.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Iran