The Economic Times

$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decade

A dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export operation. Authorities claim he routed sensitive US technology to Iran for over a decade, with his tax filings showing minimal income despite millions in international transactions. The investigation highlights a complex smuggling network and financial laundering system.