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Keyword: iranianbanker

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  • Banker in Iran scandal said to be in Toronto

    10/02/2011 7:10:33 PM PDT · by nuconvert · 7 replies
    A top Iranian banker who resigned amid a massive embezzlement scandal, one that has soured the political fortunes of President Mahmoud Ahmadinejad, has fled the country and is reported to be in the Toronto area – where a $3-million home is owned in his name. The scandal is described as the biggest fraud in that country’s history. The amounts of money involved exceed even the $2-billion loss the Swiss bank UBS recently sustained due to a rogue trader.