Los-Angeles based ITN TV and Synolon Group accused of fraud

March 24, 2011

Iranians in Diaspora , Entertainment

Mehran Abdeshah and his wife on IPN

Mehran Abdeshah (pictured above) of Los-Angles based IPN Persian Satellite TV on his Wednesday program, displayed a series of documents proving a major fraudulent scheme committed by Synolon Investment group in collaboration with ITN Group TV (Iran Television Network) owned by Mr. Hamid Shabkhiz (pictured below), a veteran of Los Angeles-based Persian Satellite TV stations. The Ponzi scheme has allegedly defrauded millions from Iranian investors. The Los Angeles offices of ITN Group has so far not responded to the public allegations made by IPN TV.

Hamid Shabkhiz

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