Feds charge tech CEO with funneling $15M in illegal Iran equipment sales
Jamshid Ghomi, a dual U.S.-Iranian national and CEO of an Iran-based tech company, has been arrested for allegedly smuggling U.S. networking and security equipment to Iran. Prosecutors claim he violated U.S. sanctions by supplying equipment to Iranian military and nuclear entities over a decade. If convicted, Ghomi faces up to 20 years in prison and the potential seizure of his assets.
- ▪Jamshid Ghomi was charged with conspiracy to violate the International Emergency Economic Powers Act.
- ▪He allegedly laundered over $15 million in proceeds into U.S. bank accounts while falsely reporting the funds to the IRS.
- ▪From 2017 to 2023, his company supplied U.S.-origin equipment to the Atomic Energy Organization of Iran.
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A dual U.S.-Iranian national and CEO of an Iran-based technology company was arrested on federal charges that he spent more than a decade acquiring and smuggling American networking, security and encryption equipment to Iran — including to the Iranian regime’s nuclear and military establishments — in violation of U.S. sanctions law, prosecutors said. Jamshid Ghomi, 63, of Newport Coast, California, was charged with conspiracy to violate the International Emergency Economic Powers Act, according to a criminal complaint filed in U.S. District Court in Santa Ana. He is the founder, owner and CEO of Faraz Pardaz Rayaneh Co. Ltd. (FPR), a Tehran-based computer networking company.
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