Countrywide Fraudster Testifies In Iranian Wire Suit

Law360, New York (May 12, 2010, 5:42 PM EDT) -- Prosecutors launched into testimony Wednesday in the case accusing former McKinsey & Co. consultant Mahmoud Reza Banki of orchestrating illegal wire transfers to Iran, bringing to the stand a former Countrywide Home Loans branch manager convicted of fraud who allegedly used Banki's services.

Chugiak, Alaska, resident Kourosh Partow, who is on probation after receiving a 25-month prison sentence in August 2007, testified in the U.S. District Court for the Southern District of New York that he transferred about $900,000 to Iran using an account maintained by...
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