Iran Bank Fraud Scandal: 4 Sentenced To Death

Iran Bank Fraud Scandal: 4 Sentenced To Death
DUBAI, July 30 (Reuters) - An Iranian court has sentenced four people to death for a billion-dollar bankfraud that tainted the government of President Mahmoud Ahmadinejad, state media reported on Monday. Iranians, hit by sanctions and soaring inflation, were shocked by the scale of the $2.6 billion bank loan embezzlement that was exposed last year and by allegations it was carried out by people close to the political elite or with their assent.

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