“On May 20, 2016, in the U.S. District Court for the Southern District of New York, Ali Reza Parsa (‘Parsa’) was convicted of violating the International Emergency Economic Powers Act (50 U.S.C. 1701, et seq. (2012))(‘IEEPA’). Specifically, Parsa was convicted of knowingly and willfully conspiring to export, reexport, sell and supply from the United States electronic components to customers located in Iran, without the required U.S. Government authorization. Parsa was sentenced to 36 months of imprisonment and ordered to pay a $100 assessment… The denial of export privileges under this provision may be for a period of up to 10 years from the date of the conviction. 15 CFR 766.25(d); see also 50 U.S.C. 4610(h). In addition, Section 750.8 of the Regulations states that BIS’s Office of Exporter Services may revoke any BIS licenses previously issued pursuant to the Export Administration Act (‘EAA’ or ‘the Act’) or the Regulations in which the person had an interest at the time of his conviction.”
82 FR 28473-74
Published 06-22-2017
