Crimes relating to his participation from 1996 to July 2008 in illegal business transactions and investments with companies located in Iran.

1999 - 2001 Purchases and sales of goods to Iran

OFAC alleged that Trans Pacific engaged in transactions or dealings in or related to goods of Iranian origin and services for exportation to Iran, and facilitated transactions by a foreign person where the transactions by the foreign person would be prohibited by the Regulations if performed by a United States person, by initiating two separate wire transfers on behalf of an account holder for an underlying commercial transaction prohibited by the Regulations.

Between December 1, 2008 and March 28, 2012, TD Bank processed 39 transactions totaling $515,071.20 to or through the United States on behalf of a sales agent for an entity on OFAC’s SDN list and located in Iran, a customer in apparent violation of the Iranian Transactions and Sanctions Regulations.

Guilty of an illegal scheme to export sensitive US technology to Iran

From 2002 to 2005, Thermon Korea exported heat tracing equipment from the US to Iran via South Korea without the required government license.

From 2003 to 2008, Thermon Europe exported heat tracing equipment from the US to Iran, Oman, Syria and the UAE without the required government license.

From 2003 to 2004, Thermon Europe exported heat tracing equipment from the US to Iran via the UK without the required government license.

In 2004, Thermon UK exported heat tracing equipment from the US to Iran via the UK without the required government license.