Iranian Pleads Guilty to Conspiring to Procure Supplies for Iranian Petrochemical Companies

On September 26, 2012, Department of Justice announced that Seed Talebi, an Iranian national, pled guilty in Manhattan federal court to conspiring to illegally export from the U.S. to Iran parts and goods designed for use in industrial operations. 

Court documents allege that on numerous occasions in 2010 and 2011, Talebi conspired with others to ship industrial parts from the U.S. to various petrochemical companies located in Iran, via an intermediary in Dubai, without the required Office of Foreign Assets Control (OFAC) license.  

Talebi pleaded guilty to one count of conspiring to violate the International Emergency Economic Powers Act (IEEPA), relevant Executive Orders, and United States Treasury regulations. He faces a maximum sentence of five years in prison.