Real Estate Mogul Seeks Leniency In $21M Fraud Case

Law360, New York (September 27, 2011, 7:01 PM EDT) -- A Los Angeles real estate tycoon and his company controller convicted of siphoning $21 million from clients' tax deferral accounts asked for sentencing leniency Tuesday, even as they sought to vacate the verdict based on evidence they say was unfairly excluded.

Ezri Namvar, the owner of a company that held proceeds from real estate transactions, and co-defendant Hamid Tabatabai, its controller, were convicted in May in California federal court of wire fraud for allegedly dipping into clients' accounts and using the money to keep another faltering...
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Case Information

Case Title

USA v. Namvar et al

Case Number



California Central

Nature of Suit

Date Filed

September 21, 2010

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