WASHINGTON (Pajhwok): A US federal court on Tuesday found Azam Dost, former owner of a now-defunct marble mining company, guilty of defrauding the Overseas Private Investment Corporation (OPIC), and defaulting on a $15.8 million loan.
After a seven-day trial, Dost, 40, a resident of California, was found guilty on three counts of major fraud against the United States, eight counts of wire fraud, four counts of false statements on loan applications or extensions and five counts of money laundering.
He is scheduled to be sentenced on December 14 by US District Judge . . .
