Mahmoud Seif

Assisted, sponsored, or provided financial, material, or technological support for, or other services to or in support of, the IRGC-QF

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

Mahmoud Seif is being designated for having assisted, sponsored, or provided financial, material, or technological support for, or other services to or in support of, the IRGC-QF. Tejarat Almas Mobin Holding is being designated today for being controlled by Seif;

Seif is the managing director of Tejarat Almas Mobin, the parent company of Rayan Printing. Heidari and Seif coordinated on the procurement of raw supplies and equipment that enabled the IRGC-QF counterfeiting capabilities. Seif was involved with the logistics of importing materials for the counterfeiting project into Iran. Additionally, Seif has previously been involved in the procurement of weapons for the IRGC-QF;

According to the statement of the U.S. Treasury Department, Mahmoud Seif, the former CEO of Tejart Almas Mobin Company, has been put on the sanctions list of the US. His charge is that through the Rayan Printing Company, he acquired the necessary equipment and raw supplies for counterfeiting banknotes from Europe. Seif is also charged with acquiring weapons for the Revolutionary Guards (IRGC). The Tejart Almas Mobin Company and Rayan Printing Company have organized a network for counterfeiting Yemeni money for the IRGC Quds Force, which is accused of supporting Houthi rebels in Yemen. The Rayan Printing Company has become active in different fields in recent years. This company launched the production line for SIM cards and smart cards in Iran in 2013, which the media announced as the ‘opening of the first production line for SIM cards in the country’. At that time, it was announced that this company had the capacity for producing holograms, printing telephone bills and security threads used in banknotes, while trying to obtain the production monopoly of national ID cards. The other person whose name was added to the US sanction list was Reza Haidari, a CEO of the Rayan Printing Company. Previously, Mahmoud Seif was the CEO of this company and Haidari was the CEO of the Rasam Negar Javid Company. This company had imported machinery for producing smart cards from Germany in 2012. But this is not the first time Mahmoud Seif’s name is embroiled in such cases. In 2005, he was caught in the middle of a nominal transaction. Mahmoud Seif and his ex-wife Shahrzad Mirgholikhani were caught after buying 3,500 military night vision cameras – items that were under U.S. commercial sanctions against Iran. U.S. agents had posed as sellers, arresting them in a hotel in Vienna;

Also Known As:
Al-sayf, Mahmud;
Sajaddinia, Mohsen;
Sajadinia, Mohsen;
Sajjadi Nia, Mohsen;
Sajjadinia, Mohsen;

Involved In:
Nuclear Weapon Program
Missile Weapon program

05 Jun 1964


Reason for the color:
» On 11/20/2017 the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated a network of individuals and entities involved in a large-scale scheme to help Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) counterfeit currency to support its destabilizing activities;