Shokorollah Baravarian, a Jewish Iranian banker, was exonerated on charges of conspiring with clients to defraud the IRS, according to the Jewish Journal. Baravarian, a community activist, insisted on his innocence throughout the lengthy trial. “In my case, I believe, justice prevailed.”
Baravarian was a former senior Vice President of Mizrachi Tefahot Bank. He was accused of concealing undisclosed bank accounts in Israel. The suit accused him of opening accounts under pseudonyms, allowing his clients access to overseas loans.
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The lawyer for Baravarian, Marc Harris, said the government failed to prove any wrongdoing, and clients admitted that they never conspired with him. Those who testified against him were offered leniency if they made a case against Baravarian. Two of them were facing charges of their own for tax fraud.
