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Karmel Melamed

Karmel Melamed

Financier Namvar’s conviction reveals community wounds

Once a pillar of the local Iranian Jewish community, businessman and philanthropist Ezri Namvar was a trusted friend to whom many in the community loaned money freely and without fear. Namvar’s reputation, which has been tarnished during the last several years, was dealt another blow on May 19, when Namvar, 59, was convicted on four counts of wire fraud in a downtown Los Angeles federal court.

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