Ezri Namvar (59) was once a respected businessman in the tight-knit Jewish community of Iranians in southern California.
FORBES: Ezri Namvar (aka Madoff of Beverly Hills) Sentenced To Prison
But it was more than just a bad investment that led the feds to press charges against Namvar and others.
Namvar was sentenced on Tuesday to 7 years in federal prison for wire fraud in connection to what many have labeled a Ponzi scheme.
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