A Taiwanese National has pleaded guilty to one count of Conspiracy to violate the International Emergency Economic Powers Act and the Iranian Transaction and Sanctions Regulations. By pleading guilty, the man has admitted that from October 2007 to August 2014, he conspired with others to obtain electronic parts, namely circuit boards with American-made laminates, from U.S. companies without disclosing to them that the parts were destined for Iran. These parts had dual-use military and civilian capability and could be used in such systems as missile guidance systems, secure tactical radio communications, and military radar networks.
The man faces up to 20 years in federal prison and a fine not to exceed $1,000,000. Sentencing is scheduled for September 25, 2015.
Michael Laden is a Founder and Principal of the firm. He is a licensed customs broker and has been toiling in the international trade industry for almost 40 years. His full bio can be found on the ABOUT US page.