The Iran Insurance embezzlement case refers to an embezzlement scandal within the state-owned Iran Insurance Company, publicized in November 2010. Key figures behind the scandal included a clique of statesmen within the government of Mahmoud Ahmadinejad, known as the Fatemi Circle. The case was controversially appealed at the same time with 2011 Iranian embezzlement scandal.
Convicted people 2014 On 24 August 2014, the fate of the 12 suspects were decided. #NameConvictionPrisonMoney Return (Rials)Fine (Rials)Other penalties1Mostafa Hamzeh-Nosiforming embezzlement networkforgeryLife sentence33,296,089,620 64,092,179,240 banned for life from government work2Davoud Fahimi-Roudposhtiforming embezzlement networkforgeryLife sentence35,796,089,920 66,592,172,240 banned for life from government work3Badiollah Kianiforming embezzlement networkforgery25 years10,750,574,330 61,592,179,240 banned for life from government work4Jaber Abdaliforming embezzlement networkforgery15 years18,500,000,000 37,000,000,000 5Mohammad-Taghi Tavakkolibribe taking8 years—1,000,000,000 banned from government work6Ali Jalilbribe taking5 years—7,000,000,000 7Shahriar Khosravibribe taking9 years—5,000,000,000 8Mahmoud Bagheri-Zamanicontribution in embezzlement 1½ years1,390,000,000 2,780,000,000 9Iraj Abdolhamidiassisting embezzlement 1 year135,000,000 270,000,000 10Fariborz Farid-Daneshassisting embezzlement and forgery½ year980,500,000 1,861,000,000 11Davoud Sarkhosh-Shahri bribe taking3 years1,700,000,000 —12Yousef-Ali Darounparvar11 years——
2015 Former First Vice President of Iran, Mohammad-Reza Rahimi was convicted of "Illegal acquisition of illicit property" and accepting bribes and was sentenced to 5 years and 91 days in prison, ordered to return 8,500,000,000 rials and fined 10,000,000,000 rials.
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