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Amir Mansour Arya

Mahafarid Amir Khosravi
Native name مهافريد اميرخسروى
Born 1969
Rudbar, Gilan
Died May 24, 2014(2014-05-24)
Evin Prison, Iran
Cause of death Hanging
Nationality Iranian
Other names Amir Mansour Aria
Organization Aria Investment Development Company
Known for 2011 Iranian embezzlement scandal
Net worth >US$1 billion
Criminal charge Embezzlement, money laundering, bribery
Criminal penalty Death
Criminal status Executed
Spouse(s) Sara Khosravi

Mahafarid Amir Khosravi (c. 1969 – May 24, 2014), also known as Amir Mansour Aria (Persian: امیر منصور آریا ‎‎), was an Iranian businessman who was executed for his part in the 2011 Iranian embezzlement scandal. At one time, he was considered the richest man in Iran. An assessment made in April 2012 suggested he would rank as 219th among Forbes' richest people in the world if included on the list.

Khosravi graduated from high school with a 10.42 GPA (on a scale of 20). He then was accepted at Islamic Azad University of Zanjan for civil engineering, but was dismissed after six semesters with a GPA of 6.23. Khosravi finished his military service in 1993.

He and his brother were running a cattle ranch when Khosravi began getting loans for its facilities during 2005/06. At that time, he started a privately held company called Aria Investment Development Company with his family. Khosravi widened his relations with banks and, in 2010, requested to start his own bank, which was founded in the same year. According to Mohammad Reza Khabbaz, a member of the Iranian Parliament, Khosravi was supported by some government officials and used this influence to buy large stocks of many companies and hectares of land at prices well below the market value.

By 2011, Khosravi's business holdings included more than 35 companies engaging in diverse business segments including mineral water, meat importation, and a football club. His net worth exceeded US$1 billion. In 2011, an investigation into fraudulent loans at Bank Saderat, one of Iran's top banks, was launched. It was determined that Khosravi was the mastermind of a scheme that generated US$2.6 billion of loans with forged documents, dating back to 2007. Under the scheme, bank managers were bribed by Aria Investment Development Company to accept the forged documents. The loans were then used to purchase state-owned businesses, effectively privatizing the companies using state funds since the loans would not be repaid. According to the investigation, Khosravi's company was worth 50 million tomans in June 2006, and had reached a value of 20 billion tomans by February 2009 due primarily to the loans transactions.


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