CEO With $35 Million California Mansion Secretly Helped Iran’s Nuclear Program, DOJ Says
Forbes • • nation
Key Points:
- Ghomi faces up to 20 years in prison if convicted for violating U.S. sanctions related to his tech company’s dealings with Iran.
- He spent nearly $10.5 million constructing a mansion on Newport Coast after buying the vacant lot for about $4.5 million.
- Ghomi’s company, generating over $10 million annually, supplied technology to the Iranian government and private firms, some under U.S. sanctions, using personal accounts to purchase and ship equipment via intermediaries in the UAE.
- His arrest aligns with President Trump’s efforts to reimpose and expand sanctions on Iran amid ongoing conflicts, using the International Emergency Economic Powers Act, which was recently limited by the Supreme Court.