The Iran Insurance embezzlement case refers to an embezzlement scandal within the state-owned Iran Insurance Company, publicized in November 2010.
Key figures behind the scandal included a clique of statesmen within the government of Mahmoud Ahmadinejad, known as the Fatemi Circle.
The case was controversially appealed at the same time with 2011 Iranian embezzlement scandal.
[2] On 24 August 2014, the fate of the 12 suspects were decided.
[1] Former First Vice President of Iran, Mohammad-Reza Rahimi was convicted of "Illegal acquisition of illicit property" and accepting bribes and was sentenced to 5 years and 91 days in prison, ordered to return 8,500,000,000 rials and fined 10,000,000,000 rials.