Four Companies and Five Individuals Indicted for Illegally Exporting Technology to Iran

April 17, 2015

Publication: 

U.S. Department of Justice Office of Public Affairs

Related Country: 

  • Turkey
  • United States

The Justice Department has charged four companies and five individuals for participating in an international network that illegally procured $24 million in controlled goods to end-users in Iran. According to a 24-count federal indictment unsealed on April 17, the procurement network conspired to export sensitive U.S.-origin electronic components with military applications to Iran via companies in Taiwan and Turkey, in violation of the International Emergency Economic Powers Act. Charges were brought against Bahram Mechanic, Tooraj Faridi, and Smart Power Systems, of Houston, Texas; Khosrow Afghani of Los Angeles, California; Arthur Shyu and the Hosoda Taiwan Limited Corporation, in Taiwan; Matin Sadeghi and Golsad Istanbul Trading Ltd., in Turkey; and the Faratel Corporation, in Iran.