Feds Tell Iran Sanctions Jury Businessman's Guilt Is Clear

Law360, New York (March 12, 2020, 11:04 PM EDT) -- Prosecutors sought to drive home their case Thursday to a jury weighing the fate of an Iranian businessman accused of violating U.S. sanctions, saying email evidence shows that he was hiding behind front companies to receive millions of dollars from a Venezuelan construction project for an Iranian company owned by his father.

Manhattan jurors heard closing arguments in the federal trial of Ali Sadr Hashemi Nejad, 40, the scion of the family behind Iranian conglomerate Stratus Group. Prosecutors say Sadr used companies in Turkey and Switzerland with Swiss bank accounts to evade U.S. sanctions on Iran and launder $115 million in profits...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!