3 Iranian Nationals Indicted for Illegal US Exports to Iran
The U.S. charged three Iranian nationals for illegal smuggling activities, including a scheme to illegally export U.S. goods to Iran, the Justice Department said Jan. 12. The three people -- Arash Yousefi Jam, Amin Yousefi Jam and Abdollah Momeni Roustani -- were charged with violating the International Emergency Economic Powers Act and the Iranian Transactions and Sanctions Regulations.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Between 2015 and 2017, the three people allegedly exported U.S. electrical discharge boards, a CPU board, servo motors and railroad crankshafts to Iran by using third parties to arrange for payment and transportation of the goods, the Justice Department said. They allegedly also hid the products’ end-use and end-users from the U.S. suppliers and sent the goods through the United Arab Emirates before importing them to Iran. All three Iranian nationals, two of whom live in Canada and the third believed to be living in Iran, face up to five years in prison and a maximum $250,000 fine for the export and smuggling violations and up to 20 years in prison and a $500,000 fine for conspiracy to engage in international money laundering.