USA v. Jafari, Milad
[DDC] The U.S. Department of the Treasury designated a multi-million dollar procurement network that provided support to Iran's Aerospace Industries Organization (AIO), which oversees all of Iran's missile industries. Led by Milad Jafari, an Iranian national, the network used a series of companies in Iran and Turkey to procure metal products, including steel and aluminum alloys for AIO's subordinates. Between 2007 and late 2008, the network facilitated transactions valued at more than $7 million for companies subordinate to AIO. Jafari was separately indicted for illegally exporting and attempting to export specialized metals from the United States through companies in Turkey to several entities in Iran, including some entities that have been sanctioned for involvement in ballistic missile activities.
Related Topics: Prosecutions, Terror Financing