ScreenshotThe FBI has arrested a California tech CEO living in a lavish $35 million mansion after federal authorities accused him of secretly supplying U.S. technology and equipment to Iran’s nuclear and military establishment while allegedly hiding millions of dollars from the IRS.63-year-old Jamshid Ghomi, a dual U.S.-Iranian citizen and CEO of the Tehran-based tech firm Faraz Pardaz Rayaneh Co. Ltd. (FPR), was taken into custody on federal charges of conspiracy to violate the International Emergency Economic Powers Act.He faces up to 20 years in federal prison. Prosecutors are already moving to seize his mansion and other assets purchased with Iranian blood money.According to the Department of Justice, he procured hundreds of controlled U.S.-origin items through eBay, PayPal, and direct purchases from suppliers in Minnesota and Nebraska, then routed them through front companies in the United Arab Emirates to Iran — all without the required licenses from the Treasury Department’s Office of Foreign Assets Control (OFAC).A significant portion of the equipment went to the Atomic Energy Organization of Iran (AEOI) — the regime entity responsible for Iran’s centrifuge and uranium-enrichment programs — and to Iran’s Ministry of Defense and Armed Forces Logistics, along with affiliated military and defense-electronics entities.Between 2014 and 2018 alone, Ghomi and his co-conspirators smuggled more than 250 metric tons of networking equipment into Iran, hiding U.S.-origin items inside larger shipments and keeping Ghomi’s name off paperwork.Internal communications revealed Ghomi and his associates referred to Iran as the “Motherland.”While Ghomi lived like royalty in one of California’s most expensive enclaves, he was systematically looting the system and cheating American taxpayers.From 2011 to 2024, Ghomi moved more than $15 million in proceeds from his illegal Iran business into his U.S. bank accounts and a construction escrow account used to build his mansion. He falsely reported those funds to the IRS as a foreign inheritance.His federal tax returns told a completely different story:His highest reported income in any single year was just $20,684.He fraudulently claimed the Earned Income Tax Credit — a benefit intended for low- to moderate-income working individuals and families — in seven different tax years.Over the same period, he reported more than $1.7 million in home mortgage interest deductions and $1.25 million in state and local real estate taxes.The mansion itself was funded with dirty money. Ghomi purchased a vacant lot in Newport Coast in 2010 for $4.49 million and spent another $10.49 million constructing the massive residence. More than $7 million in foreign-source wires — many from the same trading companies and exchange houses tied to his Iran operation — flowed into the escrow account between 2011 and 2015.WATCH:NOW: A dual U.S.-Iranian national and CEO of an Iran-based tech company was raided and arrested today at his $35M Newport Coast, California mansion — charged with violating U.S. sanctions by supplying sophisticated American networking, security, and encryption equipment to Iran’s… pic.twitter.com/LYclijz6y0— RedWave Press (@RedWavePress) June 3, 2026More from the DOJ:Ghomi identified, negotiated, purchased, and arranged the shipment of large quantities of controlled U.S. technology for his own company. From 2011 to 2015, he used his own eBay and PayPal accounts to make more than 400 purchases of computer-networking equipment, directing the goods to intermediaries in the United Arab Emirates (UAE). In 2023, Ghomi personally negotiated the purchase of U.S.-origin networking equipment directly from suppliers in Minnesota and Nebraska, routing it through a UAE front company and on to FPR in Iran.None of these items could be lawfully exported to Iran without a license from OFAC.From 2014 to 2018, Ghomi arranged the smuggling of more than 250 metric tons (275.6 U.S. tons) of networking equipment into Iran, using freight forwarders and intermediaries in Dubai to disguise that Iran was the true destination.Ghomi knew this conduct was illegal and took deliberate steps to conceal it. He directed his UAE co-conspirators to keep his name off shipping paperwork, to omit invoices from shipments bound for Iran, and on at least two occasions to hide U.S.-origin computer equipment inside larger shipments. He used front companies in the UAE to obscure his role, and he personally received warnings on invoices and software licenses that exporting these goods to Iran was prohibited. Ghomi and his co-conspirators referred to Iran as “Motherland” in their internal correspondence concerning the equipment’s procurement.FPR’s annual sales exceeded $10 million and ran to hundreds of Iranian companies and government entities, many of which were subject to U.S. sanctions. A relatively small but significant portion of that business went to the most sensitive end-users in Iran: the Iranian regime’s nuclear and military establishment.From 2017 to 2023, FPR supplied U.S.-origin computer networking equipment to the Atomic Energy Organization of Iran (AEOI) — the Iranian government agency responsible for Iran’s nuclear program, including its centrifuge and uranium-enrichment programs. The U.S. State Department sanctioned AEOI in 2020 for playing a leading role in Iran’s nonperformance of its nuclear commitments, including exceeding the limits on its uranium stockpile and enrichment levels.According to the affidavit, AEOI required FPR to register as an approved vendor, which it did in 2021 and 2022. From 2014 to 2022, FPR supplied U.S.-origin networking, security, and encryption equipment to Iran’s Ministry of Defense and Armed Forces Logistics — the Iranian ministry responsible for research, development, and manufacturing across Iran’s defense enterprise — and to affiliated military and defense-electronics entities. FPR’s 2017 contract with Iran Computer Industries, signed by Ghomi, expressly identified the buyer as the “Ministry of Defense and Armed Forces Logistics — Iran Computer Industries.”Ghomi laundered the proceeds of his illegal business into the United States, depositing FPR’s Iranian sales revenue into its operating account at a sanctioned Iranian bank and then sweeping those funds to himself. Within days, he received corresponding wires into his U.S. accounts from a rotating set of unrelated trading companies and exchange houses in the British Virgin Islands, Hong Kong, Turkey, and the UAE. Those wires bore false descriptions such as “Buying Goods” and “For Consulting Fees.”From 2011 to 2024, Ghomi moved more than $15 million from Iran into his U.S. bank accounts and into a construction escrow account held on his behalf. He falsely reported those funds to the IRS as a foreign inheritance. Ghomi’s federal tax returns reported almost no income, his highest reported income in any year being $20,684. Ghomi claimed the Earned Income Tax Credit, a federal tax break for low- to moderate-income working individuals and families, in seven different tax years. Over the same period, Ghomi reported more than $1.7 million in home-mortgage interest and $1.25 million in state and local real-estate taxes on his federal income tax returns. Ghomi funded the construction of his Orange County, California, mansion with the proceeds of his sanctions-evasion scheme. Ghomi purchased a vacant lot in Newport Coast in March 2010 for $4,490,000 and paid approximately $10,490,371 to construct the residence from 2010 to 2013. From May 2011 to August 2015, foreign-source wires totaling more than $7 million flowed into the escrow account funding the home’s construction. These wires came from many of the same trading companies as the transfers from FPR’s operating account, were handled by the same FPR employees, and bore the same false descriptions.Today, Jamshid Ghomi, a dual U.S.-Iranian citizen who lives in a $35 million mansion in Orange County, California, was arrested on a federal criminal complaint charging him with selling computer technology to Iranian companies and Iran’s government — including technology to help… pic.twitter.com/EdL4OsB8Y5— Acting AG Todd Blanche (@DAGToddBlanche) June 3, 2026The post FBI RAIDS $35 MILLION CALIFORNIA MANSION — Tech CEO Arrested for Allegedly Supplying U.S. Equipment to Iran’s Nuclear and Military Programs While Reporting Just $20K Income appeared first on The Gateway Pundit.