Richard Berman
Coverage of Richard Berman in the Nexus archive.
- Gold trader gets time served in Iran sanctions case that strained US-Turkey relations
Reza Zarrab, a businessman who admitted helping Iran evade U.S. sanctions through gold trades with a Turkish bank, will not face additional prison time after cooperating with U.S. investigators. His case strained U.S.-Turkey relations as Turkish President Recep Tayyip Erdogan publicly opposed the allegations, claiming they were part of a U.S. plot against Turkey.
- Key witness in US probe of Turkey's Halkbank avoids prison time
Reza Zarrab, a key cooperating witness in the U.S. government's investigation into Turkey's Halkbank's alleged role in Iran sanctions evasion, avoided prison time and was sentenced to time served. U.S. District Judge Richard Berman ordered the sentence, with prosecutors emphasizing his cooperation in the case.
- Former Indiana Rep Stephen Buyer receives full pardon from Trump for 2023 insider trading conviction
President Trump granted a full pardon to Stephen Buyer, who was convicted in 2023 of insider trading. Buyer faced a 22-month prison sentence for purchasing stocks based on nonpublic information. The White House cited his career and support from over 50 lawmakers for the pardon.