U.S. Jury Convicts Turkish Banker of Conspiring to Evade Iran Sanctions

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Friday, January 12, 2018
Author: 
Bruce Zagaris
Volume: 
34
Issue: 
1
Abstract: 

On January 3, 2018, a jury in the United States District Court for the Southern District of New York found Mehmet Hakan Atilla guilty of conspiring with others, including Reza Zarrab, who already pleaded guilty to evading U.S. sanctions among other offenses, to use the U.S. financial system to make transactions on behalf of the Iranian government and other Iranian entities, which U.S. sanctions barred, and to defraud U.S. financial institutions by concealing these transactions’ true nature.