US v. Nejad ("Sadr")
Agent of Iran
[SDNY] Ali Sadr Hashemi Nejad ("Sadr") was arrested for his alleged involvement in a scheme to evade U.S. economic sanctions against Iran, to defraud the United States, and to commit money laundering and bank fraud. Sadr was charged with participating in a scheme in which more than $115 million in payments for a Venezuelan housing complex were illegally funneled through the U.S. financial system to Sadr's Iran individuals and entities. In March 2020, he was found guilty of orchestrating the multi-year scheme that funneled millions of dollars in payments related to a construction project in Venezuela to Sadr's Iranian family business in violation of U.S. sanctions against Iran.