Sheila Nemazee

The wife of convicted bank fraudster Hassan Nemazee is claiming ownership of a range of assets, including luxurious apartments in Manhattan and Rome, a 14th-century Italian farmhouse, a Katonah, N.Y., estate and $637,000 in bank accounts--assets that her husband agreed to forfeit to federal prosecutors as part of a plea deal. Now his wife is claiming that some of the personal assets belong to her and her children. Sheila Nemazee claims the $20 million Manhattan apartment and $8 million estate in Katonah, N.Y., were not products of the bank fraud and cannot be seized under New York law because she possesses ownership. Sheila Nemazee is also trying to shield two Italian properties--an apartment in Rome purchased in 2004 for 1.65 million euros and a farmhouse in Puglia purchased in 2006 for 1.75 million euros. Hassan and Sheila's three children, Yasmine, Kamyar and Layla, have also filed court claims to bank accounts totaling $230,000, a 2002 BMW sedan and a separate downtown Manhattan apartment. The Nemazee children have vacated downtown Manhattan apartments, condos that were part of Hassan Nemazee's assets that the government has already seized and is in the process of selling.