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Ezri Namvar Convicted on Federal Fraud Charges for Stealing $21 Million Entrusted to His Firm

URL: http://www.jewishjournal.com/bloggish/item/ezri_namvar_convicted_on_federal_fraud_charges_for_stealing_21_million_entr

Ezri Namvar, a prominent Los Angeles businessman and real estate developer, was found guilty today of four wire fraud charges for stealing approximately $21 million from four clients who allowed his "qualified intermediary" company to hold their money in safekeeping before it was reinvested in real estate.

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