Iran Trade Embargo Violator Gets 18 Months

Law360, Los Angeles (February 23, 2012, 4:41 PM EST) -- A businessman who pled guilty to defrauding the U.S. and conspiring to export computer equipment to Iran, despite the U.S. embargo on trade with the country, was sentenced last week to 18 months in federal prison, along with a $1.25 million forfeiture.

The Feb. 17 order by U.S. District Judge James E. Boasberg rejected defendant Jeng “Jay” Shih’s request in Washington federal court for a noncustodial sentence, sending a clear warning to would-be embargo violators at a time of heightened tensions between the U.S. and Iran....
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