Azerbaijan, Baku, Feb.17 / Trend F.Mehdi/
Iran's Judiciary Spokesman Gholam-Hossein Mohseni-Ejei said that four people who involved in 3 billion dollars bank fraud case were sentenced to death, MEHR reported on Sunday.
According to him, other main culprits in the fraud case have been sentenced to life, as well as imprisonment for 10 years and pecuniary punishment.
In December 2012, Mohseni-Ejei said that the case has about 200 defendants, 40 of whom stood trial in the first phase, during which four individuals convicted of involvement in the case were sentenced to death, two convicts received life imprisonment, and a number of other convicts were sentenced to 25 years or less in prison.
In addition, a number of the convicts were ordered to pay fines and return the assets acquired through the fraud.
The embezzlement case started in 2007 by Amir Mansour Arya Investment Company, and progressed in 2010 after some Iranian major banks, including Bank Saderat and Bank Melli, issued loans for the company.
Iranian officials say that the case involved the use of fraudulent documents to obtain credit for this investment company, one of the country's top financial institutions.
The company used them to purchase assets such as state-owned companies.