The con job that collapsed an Iranian bank and caused losses for many Iranians

NY Times:

Ponzi Schemes by Iran’s Banks Unleashed Public Outrage

Thousands lost their savings in the collapse of shady banks, part of a broader economic system plagued by insider dealing, mismanagement and inefficiency.
Iran's economy is run by the mullahs and those with connections to them.  They are responsible for this mess which also led in part to the demonstrations against their corrupt regime. 

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