Shahram Jazayeri Arab ( fa, شهرام جزایری عرب) is an Iranian oligarch who was involved in a high-profile

corruption Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...

case.

Early life and education

He started the business by selling ice cream in his youth. Jazayeri was a student of dentistry in

Kerman Kerman ( fa, كرمان, Kermân ; also romanization of Persian, romanized as Kermun and Karmana), known in ancient times as the satrapy of Carmania, is the capital city of Kerman Province, Iran. At the 2011 census, its population was 821,394, in ...

Career

Jazayeri "accrued unimaginable riches during a short time in the 2000s through corruption and connections with influential officials." He owned some 500 import-export companies and made through use of shell corporations, making monitoring of his activities difficult; while he made connections in the Parliament of Iran at the same time, where he was presented as an economic expert in some hearings.

Trial and imprisonment

Jazayeri was arrested in 2001 while boarding a commercial flight to the United Arab Emirates, when he was initially prosecuted for influence peddling and providing

fake passport A fake passport is a counterfeit of a passport (or other travel document) issued by a nation or authorised agency. Such counterfeits are copies of genuine passports, or illicitly modified genuine passports made by unauthorized persons, sometime ...

for an Afghan citizen. Charges against him included: bribery totaling 38 billion rials ($4.75 million),

fraud In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compens ...

to obtain loans amounting to 811 billion rials ($101 million), and setting up bogus companies. On 18 November 2002, Jazayeri was sentenced to 27 years of imprisonment. In September 2004, the

supreme court A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of ...

partially overturned the conviction and sent back his case to the lower court awaiting trial. The court of appeal in 2008, reduced his sentence to 14 years and ruled that he must pay $145 million to the Iranian government, including $48 million owed to the state-owned Bank Melli Iran. In 2007, an Iranian newspaper reported that, unlike ordinary prisoners in Iran, Jazayeri had access to a laptop and two mobile phones, and is living in luxury in prison, continuing his business activities overseas.

Escape from prison

Jazayeri escaped from guards during a transfer on 20 February 2007, and reportedly fled the country afterwards. He was arrested by

Ministry of Intelligence Ministry of Intelligence may refer to: *Ministry of Intelligence (Iran) *Ministry of Intelligence (Israel) The Ministry of Intelligence ( he, משרד המודיעין ''Misrad HaModi'in'') is a government ministry in Israel. It oversees polici ...

on 18 March 2007, in " one of the countries on the Persian Gulf". Iranian media reported that four senior officials in the judicial system were fired for his escape.

Release from prison and later arrests

He was released on 3 October 2014. Jazayeri was detained again in

Mashhad Mashhad ( fa, مشهد, Mašhad ), also spelled Mashad, is the List of Iranian cities by population, second-most-populous city in Iran, located in the relatively remote north-east of the country about from Tehran. It serves as the capital of R ...

on 6 August 2016, charged with "disturbing public peace." On 29 July 2018, he was once again arrested while hidden in a consignment of lentils in an attempt to illegally cross the Bazargan border. A prosecutor said he may face a "relatively long-term imprisonment" in January 2019.

Scam in Prison

Shahram Jazayeri started to selling crypto scam token with name of Power Cash in Tehran Bozorg Prison. he is also released shahrambank coin and shahramcoin.

References

{{DEFAULTSORT:Jazayeri Iranian businesspeople Living people Ahwazi Arabs Escapees from Iranian detention Iranian white-collar criminals People convicted of bribery Iranian fraudsters Iranian prisoners and detainees 1972 births