News Source
EXCERPT:
Federal agents swarmed a lavish $35 million Newport Coast mansion before dawn Wednesday and arrested an Iranian-born tech executive accused of secretly supplying American computer hardware to Iran’s military and nuclear programs.
Jamshid Ghomi, 63, a dual U.S.-Iranian citizen, was taken into custody after FBI agents descended on the sprawling estate inside an exclusive gated community in Newport Coast. He faces charges of conspiracy to violate the International Emergency Economic Powers Act and was expected to make his first court appearance Wednesday afternoon in Santa Ana federal court.
Prosecutors say Ghomi made millions by illegally exporting U.S.-made computer networking equipment to Iran and used an elaborate web of front companies and intermediaries to conceal the transactions.