DALLAS (AP) – Federal authorities say two North Texas men have been arrested for illegally exporting about $12 million worth of computers to Iran.
They say the computers were shipped over seven years through the city-state of Dubai to Iran, in violation of U.S. government sanctions against the Mideast country.
Borna Faizy of Frisco and Touraj Ghavidel of Plano, owners of Signal Microsystems in Addison, were arrested Thursday. They entered pleas of not guilty in federal court and were released on bond.
Investigators say the 42-year-old Faizy and 44-year-old Ghavidel conspired to ship computers and various parts through Dubai to hide the final destination.
They face a variety of charges that include conspiracy to illegally export to Iran.
Each charge carries a penalty of 20 years in prison and a $250,000 fine.
(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
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