Individuals charged with illegally exporting carbon fiber, automotive and marine lubricants to Iran, China 

December 6:  The U.S. Bureau of Industry and Security (BIS) and the U.S. Department of Justice (DOJ) today announced two cases of the illegal export of goods from the United States to Iran and China.
  • Four individuals were arrested in New York and charged with allegedly exporting various goods, including carbon fiber, from the United States to Iran and China. Carbon fiber can be used in gas centrifuges that enrich uranium and in military aircraft and strategic missiles. The individuals' alleged actions violate the International Emergency Economic Powers Act.

    Read the BIS / DOJ release

  • The manager of a South Carolina-based firm entered a guilty plea to charges of conspiracy to violate the International Emergency Economic Powers Act (IEEPA), violating the IEEPA and making false statements in connection with his illegal exports of automotive and marine lubricants to Iran without the required U.S. government licenses. The individual faces a potential sentence of five years in prison for conspiring to violate IEEPA, 20 years in prison for violating IEEPA, and five years in prison for false statements.

    Read the BIS / DOJ release


  • For more information, contact a professional with KPMG’s Trade & Customs practice:

    Douglas Zuvich

    (312) 665-1022


    Andrew Siciliano

    (631) 425-6057


    John L. McLoughlin

    (267) 256-2614


    Todd R. Smith

    (949) 885-5617


    Luis A. Abad

    (212) 954-3094


    Amie Ahanchian

    (202) 533-3247


    Or your local KPMG Trade & Customs professional.




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