[FoxNews] A California tech company CEO was arrested for allegedly supplying U.S. equipment to Iran's nuclear and military establishment.
Jamshid Ghomi, 63, a dual Iranian and U.S. citizen residing in Newport Coast, Calif., is charged with conspiracy to violate the International Emergency Economic Powers Act (IEEPA), the U.S. Department of Justice announced Wednesday.
Ghomi allegedly procured "sophisticated U.S.-origin networking, security, and encryption equipment for Iranian customers --- including the Iranian regime’s nuclear and military establishment," according to a U.S. Department of Justice (DOJ) press release.
“As alleged, Ghomi enriched himself by supplying U.S. technology to the Atomic Energy Organization of Iran and other sanctioned entities responsible for Iran’s nuclear program,” Assistant Attorney General for National Security John A. Eisenberg said, per the statement.
“The National Security Division will hold accountable those who violate our laws to further Iran’s nuclear ambitions," he said
Ghomi moved over $15 million from Iran into his U.S. bank accounts and a separate escrow account, falsely reporting the money to the IRS as a foreign inheritance, according to the DOJ.
His federal tax returns reported almost no income with his highest reported income in any year being $20,684. He allegedly claimed the tax break intended for low- to moderate-income working individuals and families, in seven different tax years while reporting more than $1.7 million in mortgage interest and $1.25 million in state and local real-estate taxes on his federal income tax returns. |