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| US charges Iranian in $115 million sanctions evasion scheme |
| 2018-03-22 |
| [IsraelTimes] Ali Sadr Hashemi Nejad facing 125 years in prison for funneling money from Tehran-linked businesses in Venezuela through American banks An Iranian man has been tossed in the calaboose ... anything you say can and will be used against you, whether you say it or not... on charges that he evaded US economic sanctions against Iran by sending more than $115 million from Venezuela through US banks. Prosecutors said Tuesday that Ali Sadr Hashemi Nejad created front companies and foreign bank accounts to mask his dealings with Iranian businesses in Venezuela. His lawyer did not immediately comment. Prosecutors say Sadr’s money transfers to evade sanctions were made between April 2011 and November 2013. They say the money for a Venezuelan housing complex was illegally funneled through the US financial system to benefit Iranian individuals and entities. The 38-year-old Sadr was charged with conspiracy to defraud the United States and violate sanctions, among other charges. If convicted, Sadr could face a sentence of up to 125 years in prison. |
| Posted by:trailing wife |