Virginia Man Pleads Guilty to Illegally Exporting Goods to Iran
Vahid Hosseini pleaded guilty in the District Court for the Eastern District of Virginia to felony charges related to exporting good to Iran, said the Justice Department. Hosseini pleaded guilty to conspiracy to violate the Iranian Transactions and Sanctions Regulation…
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and a separate count of money laundering, facing a maximum penalty of 15 years in prison and fines totaling $250,000 when he is sentenced on June 6, said DOJ. Hosseini bought more than $250,000 worth of goods from U.S. companies he then repackaged and shipped to Iran, said the agency. The goods "included tachometers, power supply instruments, high-temperature probes, ammonia test tubes, valves and machinery parts, all of which are used in a variety of commercial applications, including power plants," it said.