California Tech CEO Charged with Illegally Supplying U.S. Equipment to Iran
Jamshid Ghomi, a Newport Beach CEO, has been arrested and charged with secretly aiding Iran’s military and nuclear programs by allegedly smuggling over $15 million worth of restricted U.S. technology into the country. Federal authorities claim that Ghomi used proceeds from these illegal sales to fund his lavish $35 million mansion. The investigation highlights serious violations of U.S. sanctions against Iran, with Ghomi being described as a dual U.S.-Iranian citizen who conspired to provide equipment integral to Iranian military operations and nuclear development. The FBI executed a dramatic raid at his residence as part of the investigation.
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