US sanctions Iran-linked buyers of sensitive military technology
- Posted on May 30, 2026
- By Business News Today
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- 1 min read
US sanctions Iran-linked buyers of sensitive military technology
The United States has dismantled an Iranian network that defrauded American tech companies out of millions to acquire sensitive military technology. The network, led by Ali Majd Sepehr, used fake websites and intermediaries to smuggle advanced equipment into Iran, violating US sanctions. This action follows a $15 million reward announcement for information on Iran's IRGC financial mechanisms.
