u-s-treasury

Exec Charged in Scheme to Supply US Tech to Iran

Federal authorities have arrested a California resident and chief executive of an Iranian technology company on charges he orchestrated a years-long scheme to acquire and ship U.S.-origin networking, security and encryption equipment to sanctioned Iranian nuclear and military entities. The U.S. Department of Justice said Jamshid Ghomi, 63, a dual U.S.-Iranian citizen and founder of Tehran-based Faraz Pardaz Rayaneh Co. (FPR), was charged with conspiracy to violate the International Emergency Economic ... [+]