| Nemazee Did
9 Years For HSBC &
Citi Fraud Now Travel
Requests Denied in SDNY
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
April 12 – Back in 2009, Inner
City Press and other covered
the case against Hassan
Nemazee, including taking a
$100 million loan from HSBC to
pay Citibank - no honor among
thieves.
On April 12, U.S. District
Court for the Southern
District of New York Judge
Sidney H. Stein held a
proceeding. Inner City Press
covered it.
Nemazee asked to be put in the
"Low Intensity Case Load" and
to be able to travel
domestically and
internationally. Nemazee
served nine years; he is now
71 years old.
He's working for
Merilane Investment LLP,
making up to $15,000 a month
when able to travel. The
company aims to "develop
high-end rental
properties."
Judge
Stein, citing ongoing
restitution obligations and
deference to Probation, denied
the applications.
The case is US v.
Nemazee, 09-cr-902 (Stein)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2021 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
