This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Criminal

May 4, 2011

Real Estate Mogul's Criminal Trial Begins

As the federal criminal trial of real estate magnate Ezri Namvar opens today, federal prosecutors have dismissed one count against the man some critics are calling the "Bernie Madoff of Beverly Hills."


By Gabe Friedman


Daily Journal Staff Writer


LOS ANGELES - As the federal criminal trial of real estate magnate Ezri Namvar opens today, federal prosecutors have dismissed one count against the man some critics are calling the "Bernie Madoff of Beverly Hills."


Namvar, 59, of Brentwood, and Hamid Tabatabai, 62, of Agoura Hills, each face five counts of wire fraud and allegations they stole at least $21 million from clients of Namco Fin...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Enewsletter Sign-up