Fametech America, Inc.
“An Austin businessman pleaded guilty in federal court Wednesday to making false statements to federal agents about doing business with Iran, in violation of the U.S. trade embargo. A plea agreement calls for Rex Wen Wei Liang, 57, whose company Fametech America manufactures bar code and magnetic strip scanners, to receive probation. U.S. District Judge Sam Sparks must approve that deal at Liang's sentencing in October. Outside court, Assistant U.S. Attorney Gregg Sofer said such prosecutions have been rare in Austin. But, he said, the Justice Department is ‘keenly interested in making sure that this doesn't happen’ and is stepping up efforts to control the illegal flow of technology from Austin to Iran and other places where such trade is prohibited.” (American-Statesman, "Businessman admits to lying about violating ban on trade with Iran," 8/13/09)
No response at this time.