Four sentenced to death over $2.6bn Iran bank fraud
18:54, 30 July 2012
TEHRAN. July 30. KAZINFORM Four people have been sentenced to death for their roles in Iran's biggest bank fraud scandal, Iranian TV reports.
Two other defendants received life sentences, while 33 more will spend up to 25 years in jail, the chief prosecutor was quoted as saying, BBC reported.
The scandal involved forged documents reportedly used by an investment company to secure loans worth $2.6bn.
President Mahmoud Ahmadinejad last year denied accusations that his government was involved.