90°F
weather icon Clear

Businessman indicted on felony embezzlement charges

A Beverly Hills, Calif., businessman who owned property in a Las Vegas condominium complex once cited as an example of association dues abuses has been indicted on felony embezzlement and theft charges accusing him of taking more than $1 million from a Las Vegas-area homeowners association.

Massoud Aaron Yashouafar, 50, is due Jan. 4 before Clark County District Judge Carolyn Ellsworth on a six-count criminal indictment handed up Friday in Las Vegas, Nevada state Attorney General Catherine Cortez Masto said Monday. Yashouafar could face decades in prison if convicted.

Yashouafar's lawyer in Las Vegas, David Chesnoff, said his client intends to plead not guilty to the three counts of theft of property by false pretenses and three counts of embezzlement.

Don't miss the big stories. Like us on Facebook.
THE LATEST
Burning Man removes pro-Palestinian sculpture from website

Debates and protests sparked by Israel’s war in the Gaza Strip have worked their way into seemingly every corner in the world — even the free-spirited desert festival in Nevada known as Burning Man.

Heavy fighting in Gaza’s Rafah keeps aid crossings closed

Heavy fighting between Israeli troops and Palestinian terrorists on the outskirts of the southern Gaza city of Rafah has left aid crossings inaccessible, U.N. officials said.