"NY Businessman" Hassan Nemazee Arrested for $74 Million Bank Fraud Against Citigroup
Who is this guy?
"U.S. Attorney Preet Bharara in Manhattan and the Federal Bureau of Investigations say Hassan Nemazee, with residences in Manhattan and Katonah, N.Y., fraudulently applied for the loans for Nemazee Capital Corp., of which he is chairman and chief executive.
Federal prosecutors contend Nemazee obtained the money by giving the banking giant "numerous documents that purported to establish the existence of
accounts in Nemazee's name at various financial institutions containing many hundreds of millions of dollars," the Justice Department said in a
statement. "In fact, those were fraudulent and forged documents."
Let's see what CNN says about him... http://money.cnn.com/news/newsfeeds/articles/djf500/200908251258DOWJONESDJONLINE000315_FORTUNE5.htm
reuters?... http://www.reuters.com/article/ousiv/idUSTRE57O4K020090825
AP?... http://www.google.com/hostednews/ap/article/ALeqM5iC3CYATP4ke7JDlA0Hkb9nxXZ9tQD9AA1J5O3
They sure don't tell us much about him... oh, here's his bio... http://www.iranianamericanpac.org/leadership/p_nemazee.shtml
Noteworthy...
- National Finance Chair - Hillary Clinton for President, 2008
- National Finance Chair - Democratic Senatorial Campaign Committee (DSCC)
- New York Finance Chair - John Kerry for President 2002 -2004
Also "also nominated by President Clinton to be U.S. Ambassador to Argentina."
