Iran executes ‘Sultan of Coins’

Vahid Mazloumin sentenced to death for hoarding gold and other currency

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Vahid Mazloumin

Iran has executed two currency traders, including one nicknamed the “Sultan of Coins”, for allegedly amassing two tonnes of gold coins.

Vahid Mazloumin and his business associate, Mohammad Esmail Ghasemi, were found guilty of “spreading corruption on earth” and sentenced to death for hoarding gold and other currency in what Tehran says was an attempt to manipulate the market.

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