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Iran Hangs Billionaire Convicted of Fraud

The billionaire businessman who was the mastermind behind Iran's biggest fraud case was hanged Saturday in Tehran. Authorities say Mahafarid Amir Khosravi was put to death at Tehran's notorious Evin Prison. Khosravi was found guilty of having used forged documents to obtain credit at Iran's top financial institutions in the $2.6 billion scam. He bought numerous assets, including a steel company. At least 20 other people were arrested in connection with...

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