Amirhossein Sharifian: Unraveling the $77 Million Korosh Company Scam

Introduction

Amirhossein Sharifian, the 27-year-old mastermind behind the alleged $77 million scam involving Korosh Company, is currently on the run. The controversy centers on promises of iPhones worth 20 million tomans, with Sharifian having collected pre-sale payments from around 20 thousand individuals through extensive urban and virtual advertising.

Born in 1375, Sharifian’s military record reveals a fugitive soldier who has been evading military service since 1400, with an initial absence of 180 days. Questions arise about how an individual with such a background could establish and run a company. His father, Farzin Sharifian, has been arrested, and their assets have been seized, escalating the situation.

The company registration process is now under scrutiny, as regulatory bodies investigate how someone with a criminal record could easily establish a company and attract capital through extensive advertising. Company registration laws require key positions such as CEO, board member, or auditor to possess a termination of service card, raising concerns about potential violations.

Amirhossein Sharifian allegedly fled to Turkey before any legal actions could be taken against him. Korosh Company had faced legal repercussions before, with its complex being sealed for violating hijab regulations. The unfolding story highlights the need for thorough scrutiny in company registration processes and active monitoring by regulatory bodies to protect investors and the public.

February 17, 2024 | 8:36 pm