Tech Entrepreneur's $35 Million Mansion Raided in Newport Beach for Alleged Iran Sanctions Violations
Federal agents conducted a raid on a luxurious $35 million mansion in Newport Beach belonging to Jamshid Ghomi, a tech entrepreneur charged with supplying US computer hardware to Iran's military and nuclear programs. Ghomi, a dual citizen of Iran and the US, is accused of violating US sanction laws by selling computer networking parts to Iran and concealing the transactions. The FBI arrested Ghomi and seized his assets, including his mansion, as part of the investigation.
The raid took place in the early hours of the morning, with agents dressed in tactical gear surrounding Ghomi's mansion in an exclusive gated community. Ghomi's family members were led outside by agents, and the property was searched for evidence. Ghomi was eventually taken into custody and is facing charges of conspiracy to violate the International Emergency Economic Powers Act, money laundering, tax evasion, and other crimes related to his alleged illegal activities.
Prosecutors claim that Ghomi used his Tehran-based company to procure US networking equipment for customers in Iran, bypassing US sanctions. He allegedly orchestrated the secret shipment of controlled US technology to Iran through a network of intermediaries and front companies in Dubai. The technology he illegally imported was used by Iranian companies and government entities, including those linked to Iran's nuclear and military programs.
Ghomi's lavish Newport Coast mansion, with its ornate design and ocean views, is one of his most valuable assets. The arrest of Ghomi underscores the US government's commitment to enforcing sanction laws and preventing business dealings with countries like Iran, which are considered state sponsors of terrorism. The investigation into Ghomi's activities continues as federal authorities seek to hold him accountable for his alleged crimes.