A federal jury has convicted Hassan Ali Pejouhesh of bank fraud, possession of stolen mail and aggravated identity theft. Prosecutors on Wednesday said that sentencing has been set for July 5.
Pejouhesh faces up to 30 years in prison and millions of dollars in fines.
Authorities say the 63-year-old Iranian national has been in custody since 2010 when investigators discovered stolen mail, fake credit cards and cash in his Texas apartment.
A dozen witnesses testified about stolen mail and bogus credit and bank accounts opened using their names. Investigators say about 500 people were affected by the scheme.
Further background on the Iranian man was not immediately released.
