Ex-Exec Gets Prison Over Cutting Machines Shipped To Iran

Law360, New York (January 8, 2014, 7:24 PM EST) -- The former CEO of a Georgia manufacturing company was sentenced to 18 months in prison Monday after being convicted of shipping industrial precision cutting machines to Iran in violation of the U.S. sanctions against that country, the U.S. Department of Justice announced.

Mark Mason Alexander, 53, chief executive of Hydrajet Technology, allegedly plotted with Iranian businessmen to sell water-jet cutting systems — used to precisely slice aluminum, granite, steel and other materials — to Iranian companies and tried covering up where the shipments were headed, investigators...
To view the full article, register now.