London, 1 May - After being indicted on April 19, 2018 for violating export control laws under the International Emergency Economic Powers Act (IEEPA), Sadr Emad-Vaez, Pouran Aazad, and Hassan Ali Moshir-Fatemi made their initial appearances in district court.
The defendants were charged in a three-count indictment with the following crimes: conspiracy to violate the IEEPA, in violation of 50 U.S.C. §§ 1701-1705; a substantive violation of the IEEPA, 50 U.S.C. § 1705; and smuggling, in violation of 18 U.S.C. §§ 554(a) and 2. The indictment alleges the defendants engaged in transactions involving the illegal export of goods and services to Iran and financial transactions designed to evade the Iranian Transactions Sanctions Regulations (ITSR).