U.S. prosecutors are seeking a sentence of more than 15 years for a Turkish banker convicted of aiding a money-laundering scheme that enabled Iran to evade U.S. sanctions on billions of dollars in oil revenue.
The lengthy sentence is dictated in part by the amount of money involved and in part by the stiff minimum sentences for crimes involving money laundering. In an earlier filing, lawyers for the banker, Mehmet Hakan Atilla, said their client could face life in prison but asked the judge for leniency, saying he should serve less than five years.
In a filing in Manhattan federal court Wednesday, U.S. prosecutors said the standard sentencing guideline for his conviction would be 105 years. But they suggested an alternative calculation that would result in a term of 15 to 20 years, noting that range has been imposed in similar cases. Atilla is scheduled to be sentenced April 11.
Read the original article here: bloomberg.com
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