The president of a South Carolina synthetic oil company faces charges for allegedly exporting goods to Iran, the U.S. Department of Justice said Monday. Authorities arrested Markos Baghdasarian, of Delfin Group USA, Saturday at the Hartsfield International Airport in Atlanta as he made his way on board a plane bound for the United Arab Emirates, a release from the Department of Justice said. He was charged with illegally exporting goods from the United States to Iran and with making false statements on official government documents. It is illegal for U.S. citizens and companies to engage in commercial transactions with Iran unless approved by the U.S. Department of Treasury, the release said. The criminal complaint affidavit alleges Baghdasarian exported aviation engine oils and polymer worth $850,000 to Iran in August. He allegedly falsely stated on an official document that the goods were to be delivered to a business entity in the United Arab Emirates, the release said. If convicted, Baghdasarian could face a maximum of 20 years in federal prison.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor