A 34-year-old man was sentenced in the U.S. on Monday to two years in prison for violating the 1995 U.S. trade embargo on Iran.
Ali Saboonchi, set up Ace Electric Company to buy industrial parts and components and sell them to a co-conspirator who had businesses in Tehran and the United Arab Emirates, the Maryland U.S. Attorney’s Office said.
According to evidence presented at trial, Saboonchi conspired with others to export products that included stainless steel filter elements to Iran in violation of a U.S. trade embargo.
Prosecutors identified Iranians Arash Rashti Mohammad, Mehdi Mohammadi and Ehsan as co-conspirators indicted who are now fugitives.
Saboonchi bought the items, got price quotes from the businesses and shipped them to the UAE and China, where the co-conspirators could receive them and send him money, prosecutors said.