Question:
Iran shows how bankster criminals should be delt with time to jail not bail these parrasites?
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2013-02-22 23:33:00 UTC
Iran to Execute 4 Bankers on Fraud Charges










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Posted by Brittany Stepniak - Thursday, February 21st, 2013


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.

From PressTV:

According to the indictment, the owners of Aria Investment Development Company, which is at the center of the controversy, had bribed bank managers to get loans and letters of credit. The company has more than 35 offshoots which are active in diverse business activities.

...

“The four are Mahafarid Amir-Khosravi…[the prime suspect], Behdad Behzadi, his legal advisor, Iraj Shoja, his financial solicitor and Saeed Kiani Rezazadeh, head of the Ahvaz branch of Saderat Bank,” he [Gholam-Hossein Mohseni-Ejei] said.

Additionally, the president of the Bank Melli branch in Kish was condemned to life in prison. The former deputy minister Khodamorad Ahmadi has been ordered to spend a decade in prison as well, according to Iran's attorney general, Mohseni-Ejei.

Several others involved in this infamous scandal have also been slapped with heavy fines and many have also been prohibited from holding public office.

Economist Nouriel Roubini added his two cents on the subject, reporting to Bloomberg:


“Bankers are greedy; they’ve been greedy for the last hundreds of years...t’s not a question if they are more immoral today then they were a thousand years ago, you have to make sure they behave in ways in which you minimize those risks.”

This message surely hits a little too close to home for central bankers across the globe who have been engaged with fraud and corruption in the past or present.

Constituents and political leaders spend a big chunk of time debating over how to deal with our crumbling economy. Ending system abuse from insiders and the Fed alike would undoubtedly have a positive ripple effect, but how is that goal going to be achieved? Thus far, not a single chief central banker has been arrested in light of the financial crisis.

This is completely asinine.

They keep making more money, while we struggle to thrive in the middle class. The brutal truth is that banks prosper when people are on welfare. They're invested in keeping you down and could care less about your American Dream.

Perhaps Iran is on to something by enforcing real consequences when insiders mess with the country's entire economic system. The death sentence decision is obviously harsh (Iran's justice system is pretty harsh in general). Alas, what's decided cannot be undone. They said they are trying to set an example.

Elite criminals shouldn't be treated differently than any other criminal; they should be prosecuted, not protected.
Seven answers:
Curt J
2013-02-22 23:44:50 UTC
If this is what you consider to be a question, I'd hate to see one of your answers. Especially if it was as confusing as your question is.
?
2013-02-24 07:07:06 UTC
Hiran has it mostly correct except that in the present day only 3 countries don't have a Rothschild, deficit economy, central banking system. North Korea, Cuba and yes Iran. Before 9/11/2001 there were 7 countries but as they where invaded/had problems they were taken over and became debtor countries just as the U.S. has been since the formation of the Federal Reserve in 1913 and its bankruptcy in 1933.
?
2013-02-23 00:07:14 UTC
I concur whole heartedly, thats what they should do to all of them, the thieving usering bastards.

We must start with the Daddy of all Fractional Reserve Banks.



The Bank of England who adopted Fractional Reserve Banking by a man called Natham Mayor Rothschild and his 4 brothers who started similar banks across Europe in the 1700's.

Natham then after a string of assasination of a few US Presidents, finally established The U.S.Federal Reserve Bank.



Did you know that their are only 5 countries left in the World that will not allow these incideous fraudulant Reserve Banks through their borders.



They are Cuba,Sudan,North Korea, Syria and would you believe..... Yes Iran.

Knowing this small fact are these countries America's enemies or the Global Federal Reserve Banks. I wonder?
anonymous
2013-02-23 00:14:20 UTC
......... First you have to understand why the lack of liquid money.Money has been filtered out of all major currencies to tax havens to avoid taxes and hide stolen money or just hoarding by the rich.It has recently been reported that money hoarded by the richest 100 people would be enough to stop poverty.Just from the UK alone trillions has been sifted away to tax havens.Eventually the economies are starved of money.These tax avoidance methods are rarely challenged by leaders because they are part of the people who use them so nor will they legislate. This leaves a shortage of currency in the system.Governments and their pay masters refuse to stop tax avoidance so revert to borrowing and taxing the poor to fill the hole usually convincing the people everything they do is for the people,s good.This greed and selfishness in power will not change and they will protect their wealth even with other peoples lives.For example the coalition in the UK under the disguise of reducing debt have introduced drastic cuts in front line vital services and pushed millions in to poverty while reducing taxes for the rich and refusing to legislate on tax avoidance and tax loopholes for the rich.Thousands of food shelters have opened to try and feed the poor while the rich award themselves massive pay rises to isolate themselves from price increases .These people live in an elitist bubble of greed and selfishness .NB.No cuts in obscene wages, no cuts in the numbers of MP,s of so called lords.

There is still ONE way left to save the world economies..The G20 should agree to print an extra 30% of their countries capital.Half must be used to reduce debt and the other half passed to pensioners and the poor [the consumers] and invested in renewable energy.The rest of the world economies should be encouraged to join in otherwise their own currency would inflate so much they would find it difficult to export in the resulting trade boom.If this is done in the same period there would be very little difference in exchange rates.At the same time banks and big business must be stopped from moving untaxed money to offshore accounts.Immigration must be restricted as this leads to severe strains on services.Tax loopholes must be closed,Obscene wages must be stopped.Money paid and profits made MUST be taxed in the same country.The results would be a massive drop in unemployment,an end to civil unrest,millions taken out of poverty,new business investment in the resulting trade boom ,interest rates could again be used to control inflation ,banks would be re capitalised etc.etc. This is a war on immoral corruption.This comment can not be cherry picked .I would be pleased to answer any questions on this comment by world leaders and economists.If you agree with this comment please copy and paste on every site relevant.And send to every politician throughout the world.
Kit Fang
2013-02-23 06:41:06 UTC
People who commit fraud (including bank staff) are put in jail every day - I know, I work for an anti-fraud department. Just because it doesn't make front-page news doesn't mean it's not happening. We shouldn't be executing people though, as it's still murder and still wrong.



You also seem to be confusing the financial crisis with fraud - the blame for the financial crisis can be put squarely at the feet of millions of ordinary home owners who greedily took out mortgages they could only afford if the house prices continued to grow, and who spent their lives on credit hoping they would be richer tomorrow than they are today, just as much as it can be placed at the feet of the banks. Considering the pain those inconsiderate people have inflicted on those of us who lived within our means, should they be executed too?
old grumpy
2013-02-23 04:15:10 UTC
SKIP... No one supports the Bankers for their behaviours, but when you talk about Iranian Justice, than you have to remember, that these people will hang you for spitting in the direction of the Clowns that enforce their rule with utter fear and without mercy.
?
2013-02-22 23:48:23 UTC
Jaysus H. Kee-rist! Get a freakin blog why dontcha! AAH! AAAAHH!!


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
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