Criminal
Oct. 13, 2011
Real estate mogul sentenced to 7 years
A businessman whom critics labeled the Bernie Madoff of Beverly Hills was sentenced Tuesday to 7 years in federal prison for stealing nearly $21 million from four of his investor-clients.
Daily Journal Staff Writer
LOS ANGELES - A businessman whom critics labeled the Bernie Madoff of Beverly Hills was sentenced Tuesday to seven years in federal prison for stealing nearly $21 million from four clients who allowed his company to hold their money in safekeeping before it was reinvested in real property.
Ezri Namvar, 59, of Brentwood, was sentenced by U.S. District Judge Percy Anderson, who also ordered him to pay ...
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