On May 16, 2018, Mehmet Hakan Atilla, the former Deputy General Manager of International Banking of a Turkish bank, was sentenced to 32 months in prison for his role in a scheme to violate U.S. economic sanctions against Iranian entities. In January, a jury convicted Atilla of bank fraud and conspiracy charges in connection with the scheme, which involved the facilitation of billions of dollars in transactions in the proceeds of oil sales held in Iranian financial institutions that were subject to U.S. sanctions. According to evidence introduced at trial and court filings, Atilla lied to U.S. Treasury officials about his bank’s activities and its compliance efforts in an attempt to avoid the imposition of sanctions on the bank. He and his co-conspirators also used false and fraudulent documents to mask prohibited transactions, thus inducing several U.S. institutions into unwittingly processing prohibited transactions and helping launder funds that promoted the scheme.
United States v. Aslan, 15-cr-00867 (S.D.N.Y.)