An Iranian resident of the United States accused of wiring $30 million to his homeland will stand trial on June 3, 2003, on charges of violating the American embargo on trade with Iran. A permanent resident alien, Eskandar Khamooshpour resides in Scottsdale, Arizona, where he ran a money exchange business, reported AP.
The Indictment alleges that Khamooshpour illegally transferred millions of dollars in and out of Iran 1997 and 2001. He is accused of money laundering, running a money transmitting business without a state license and violating a trade sanctions against Iran. Khamooshpour pleaded innocent to all charges.
Prosecutors claim Khamooshpour opened bank accounts and post office boxes under various aliases and used them to wire money to Iran through intermediary banks in Kuwait and the United Arab Emirates (UAE). — (menareport.com)
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