Feds charge tech CEO with funneling $15M in illegal Iran equipment sales A dual U.S.-Iranian national and CEO of an Iran-based technology company has been arrested on federal charges. He is accused of spending over a decade acquiring and smuggling U.S. networking, security, and encryption equipment to Iran. This equipment allegedly included items destined for the Iranian regime’s nuclear and military establishments, violating U.S. sanctions law.

• A dual U.S.-Iranian national, who is also CEO of an Iran-based technology company, has been arrested.
• The individual faces federal charges for allegedly smuggling American networking, security, and encryption equipment to Iran for more than a decade.
• The smuggled equipment was reportedly sent to Iran’s nuclear and military establishments.
• The actions are in violation of U.S. sanctions law.