Mitchell Zong
HQ Country of Company:
USA
Country/State of Residence or Citizenship:
USA
Agency:
Department of Justice
Location of Sentencing:
District of Alaska
Date:
Outcome/Sentencing:
30 months in prison
Description:
Between Sept. 8, 2013, and April 4, 2014, Mitchell Zong conspired with his father, Kenneth Zong, to commit money laundering violations in excess of $10,000. The money was the proceeds of a conspiracy to violate the International Emergency Economic Powers Act (IEEPA) and the Iranian Transaction and Sanctions Regulations (ITSR). At sentencing, the Court found that Mitchell Zong laundered approximately $980,000 of Iranian derived funds in Anchorage, Alaska, knowing the funds came from his father’s illegal transactions with Iranian nationals.
Fine:
Total Fine
$10,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$10,000.00
Receive Iran News in Your Inbox.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.
×