Man Pleads Guilty To Attempted Iran Arms Deal

Law360, New York (January 13, 2011, 5:32 PM EST) -- A man accused of attempting to sell an older-model fighter jet and other military equipment to a buyer in Iran pled guilty Thursday in federal court.

Marc Knapp, of Simi Valley, Calif., pled guilty in the U.S. District Court for the District of Delaware to violating the International Emergency Economic Powers Act and the Arms Export Control Act from 2009 to July 2010. Both charges against him are felonies, and prosecutors said the charges carry a sentence of up to 30 years in prison and a...
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