Mahmoud Reza Khavari

Involved in the 2011 Iranian embezzlement scandal

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Mahmoud Reza Khavari is an Iranian former banker who was involved in the 2011 Iranian embezzlement scandal. In 2005 he became a Canadian citizen. He is a fugitive wanted by the judicial authorities of Islamic Republic of Iran. As of October 2016, Khavari was wanted by Interpol. He was chairman of Bank Melli Iran until September 2011 and chairman of Bank Sepah’s board of directors from December 2003 until at least March 2005;

Country:
Iran

Nationality:
Iranian
Canadian

Born:
26 May 1952

Reason for the color:
» Director of designated Bank Melli (Bank Melli was designeted up to: 1/16/2016);
» Taking bribes and aiding and abetting embezzlement and fraud;
» Khashayar Khavari (son of Reza Khavari) invested two luxary projects and has claimed 105 million Canadian dollars in damages
» Mehregan Amirkhosravi charged in connection with the $2.6 billion Melli Bank fraud;
» Iranian embezzlement scandal – Stolen $2.6 billion in assets allegedly taken from the Iranian state;