Owner of First National Center in Oklahoma City pleads guilty to embezzlement, faces up to 10-year prison sentence | NewsOK.com
Aaron Yashouafar, owner of Oklahoma City's landmark First National Center, will have to pay $1 million to tenants of a Nevada condominium complex and faces up to 10 years in prison after pleading guilty to one felony count of embezzlement. The plea comes as Yashouafar faces an Aug. 17 “final” deadline to pay $12 million to Capmark Group to retain control of First National Center, and follows a string of foreclosures, bankruptcies and controversies involving properties owned by his investment groups.
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Thanks to Rodney Gray for this link.
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In other news today, Mitt Romney promised to pardon Aaron Yashouafar if he wins the election.
"Aaron Yashouafar is just the type of person this country needs running the Department of Treasury," said the Republican president candidate. "Unlike members of my opponent's Cabinet, Mr. Yashourafar has experience as a businessman; experience needed to make my economic plan work."
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