April 23, 2014
Publication:
Pittsburgh Tribune-Review
Related Country:
- United Arab Emirates
Pennsylvania businessman Helmut Oertmann has agreed to plead guilty to attempting to ship a 50,000 pound horizontal lathe from the United States to Iran without a license. According to court documents, Oertmann, 76, conspired with three Iranians and an Indian to ship the $800,000 machine, known as a "peeler," to Iran by way of the United Arab Emirates. Authorities intercepted the peeler and returned it to Oertmann's company, Hetran Inc. of Orwigsburg, Pennsylvania. The machine was later sold to a Russian firm. Oertmann faces up to 10 years in prison and a fine of $250,000, while his company could be fined up to $1 million.
