Morvarid Shargh

Mehrdad Foomanie bought or attempted to buy items in the United States and arranged to have them unlawfully shipped to Iran through Morvarid Shargh

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Mehrdad Foomanie bought or attempted to buy items in the United States and arranged to have them unlawfully shipped to Iran through Morvarid Shargh;

From Oct. 9, 2007 to June 15, 2011, Foomanie obtained or attempted to obtain from companies worldwide over 105,000 parts valued at approximately $2,630,800 involving more than 1,250 transactions. The defendants conducted 599 transactions with 63 different U.S. companies in which they obtained or attempted to obtain parts from U.S. companies without notifying the U.S. companies these parts were being shipped to Iran or getting the required U.S. government license to ship these parts to Iran. The defendant’s main role was to get one particular set of parts from a Central Texas company that was key for the Iranian government’s testing of all other parts;

At no time did Yip, Foomanie or Ansari, individually or through any of their companies, ever apply for or receive either a required U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) license or Department of Commerce export license to ship any item listed in this indictment to the Republic of Iran;

Iranian Transaction Regulations prohibit, among other things, the exportation, re-exportation, sale or supply, directly or indirectly, to Iran or the Government of Iran, of any goods, technology or services from the U.S. or by a U.S. person. The embargo also prohibits any transaction by any U.S. person or within the U.S. that evades or avoids, or has the purpose of evading or avoiding, any prohibition set forth in the Executive Orders;

Involved In:
Nuclear Weapon Program
Missile Weapon Program

Also Known As:
Morvarid Shargh Co. Ltd
Morvarid Shargh Co.
Morvarid Shargh Company

Country:
Iran

Address:
Sohrivardi Street No. 35, Tehran, Iran

Reason for the color:
» Bureau of Industry and Security, Commerce – The Entity List (Supplement No. 4 to part 744) identifies entities and other persons reasonably believed to be involved, or to pose a significant risk of being or becoming involved, in activities contrary to the national security or foreign policy interests of the United States;