Iran executed by hanging this Sunday, December 7, on an issue under consideration by the Supreme Court “Leader of a major investment scam”through a Pyramid system who cheated Tens of thousands of people by promising to buy cars at below-market prices.
Mohammad Reza Ghaffari, Company owner Rezaayat Khodro Taravat Novin, was hanged this Sunday after his death sentence was confirmed for a “widespread disruption of the country’s economic system and network fraud”said the portal Mizan Onlinethe judicial power.
The pyramid scheme, launched in 2014 in Qazvin province northwest of Tehran, promised vehicles at below-market prices and later expanded to real estate and investment schemes.
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Prosecutors accused Ghaffari and his associates “Taking large sums of money away from people” and in a classic Ponzi scheme in which new deposits were used to pay first-time customers. According to the indictment, the scheme grew until it was worth the equivalent of approximately $350 million.
Only “about 4% of Ghaffari’s clients” were able to save their money or gain access to a vehicle, the Iranian justice portal said. The case registered more than 28,000 complaints and involved 28 defendants.
According to the judicial authorities, the fraud caused a “Significant financial and psychological damage to the victims”including countless problems that can be traced back to stress and family conflicts.
Iran imposes the death penalty in murder and rape cases as well as in serious economic and espionage cases.
Executions are commonplace in Iran and human rights groups like Amnesty International They often report that It is the second largest country after China to use the death penalty most frequently.

Marathon organizers also in prison
Also this weekend, Iranian authorities arrested this Saturday “the two main organizers” a huge marathon in Kish (south), alleging that women took part without veils, as required by norms after the 1979 Islamic Revolution.
“One of those arrested is an official of the Kish Free Trade Zone and the other works in the private company that organized the competition.”the Justice Department told Mizan. These events coincide with a moment when some officials in the country are denouncing increasing non-compliance with the veil requirement.
More than 5,000 people took part in the marathon on Friday morning in Kish, a tourist island in southern Iran on the Gulf coast. In several races reserved for women, some of them ran without headgear, violating the obligation that has been in place in Iran for four decades, according to images shared on social networks.
The Attorney General of Kish, quoted by the Justice Department Mizan on Friday evening, assured that the development of the test “It violated decency”so it started “a legal process” against the organizers.
The Tasnim news agency criticized a “complete lack of supervision and non-compliance with dress standards by a significant proportion of participants.” After the 1979 Islamic Revolution, all women in Iran are required to cover their hair with a hijab and wear simple, loose-fitting clothing in public.
However, this obligation is less and less respected in Iran, where many women now take to the streets without veils and sometimes in scanty clothing. This phenomenon, unimaginable a few years ago, appears to have taken on even greater proportions since the end of the war against Israel in June, particularly in the capital Tehran. Clergy and conservative figures are pushing back against what they see as a generalization of “nudity” and the encroachment of Western influence and what they see as a threat.
AFP/HB