May 29, 2015
Publication:
The Export Practitioner
Related Country:
- United Arab Emirates
- United States
Two Dallas businessmen, Borna ("Brad") Faizy and Touraj Ghavidel (aka "Brent Dell"), were sentenced to two years' probation and $75,000 forfeiture for making false statements to federal agents about the illegal export of computer equipment from the United States to Iran. The two defendants and their company, Signal Microsystems in Addison, Texas, also agreed to a 10-year export denial order. Between 2009 and 2011, the business exported over 1,000 export-controlled computers valued at $1,015,757 from the United States to Iran via Dubai, the United Arab Emirates.
