Tech CEO With $35 Million California Mansion Charged With Secretly Aiding Iran’s Nuclear Program

BreakingBusinessTech CEO With $35 Million California Mansion Charged With Secretly Aiding Iran’s Nuclear ProgramByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorJun 03, 2026, 04:38pm EDTToplineJamshid Ghomi, a U.S.-Iranian national and CEO of a Tehran-based tech firm, was arrested Wednesday over allegations he funneled U.S. networking and encryption equipment to Iran's nuclear program and military while laundering millions of dollars.Ghomi's Newport Beach mansion.Department of JusticeKey FactsGhomi, 63, was charged with conspiracy to violate the International Emergency Economic Powers Act, a law allowing the U.S. president to freeze foreign assets during a national emergency.Prosecutors have alleged Ghomi’s company, Faraz Pardaz Rayaneh, supplied U.S. networking and security equipment to Iran’s Atomic Energy Organization from 2017 to 2023 and to Iran's Ministry of Defense and Armed Forces Logistics between 2014 and 2022, according to the Justice Department. Ghomi allegedly laundered more than $15 million from Iran into U.S. bank accounts and a construction escrow account, the Justice Department said, saying he falsely reported the funds as foreign inheritance and noting his federal tax returns reported almost no income.Prosecutors will attempt to seize Ghomi’s assets, which include a $35 million mansion in Newport Beach, California.The mansion was funded by Ghomi’s alleged scheme, with more than $7 million coming from foreign wire transfers from May 2011 to August 2015, according to prosecutors. if (!window.cnxel) { window.cnxel = {}; window.cnxel.cmd = []; var iframe = document.createElement('iframe'); iframe.style.display = 'none'; iframe.onload = function() { var iframeDoc = iframe.contentWindow.document; var script = iframeDoc.createElement('script'); script.src = '//cd.elements.video/player.js?cid=62cec241-7d09-4462-afc2-f72f8d8ef40a'; script.setAttribute('defer', '1'); script.setAttribu...