Iran hangs main convict in biggest banking fraud

Tehran Times - Iran has executed the number-one convict in the biggest embezzlement case in the country’s banking history.

According to Tehran’s Public Prosecutor’s Office, Mahafarid Amir-Khosravi was hanged at Evin detention center Saturday dawn.

Khosravi was convicted of disrupting the country’s economy through embezzlement, money laundering, and bribery. He had denied many of the charges.  Read more.