Ghare Sabz Company (a/k/a GHS Technology)
HQ Country of Company:
Iran
Person(s) Involved:
Sadr Emad-Vaez
Country/State of Residence or Citizenship:
Los Altos Hills, California
Agency:
Department of Justice & Bureau of Industry and Security
Location of Sentencing:
Northern District of California
Date:
Outcome/Sentencing:
Released on secured bonds. Pleaded guilty on May 17, 2019; The case is currently set for sentencing on April 8, 2020. In light of the coronavirus pandemic, the parties requested the Court continue that hearing to June 24, 2020.
Description:
Transactions involving the illegal export of goods and services to Iran and financial transactions designed to evade the Iranian Transactions Sanctions Regulations (ITSR).
Fine:
Total Fine
$300,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$300,000.00
Source:
DOJ, “Summary of Major U.S. Export Enforcement, Economic and Sanctions-Related Criminal Cases,” 01/2019.
