The U.S. Department of the Treasury’s Office of Foreign Assets Control, in coordination with the U.S. Department of Commerce and the Federal Bureau of Investigation’s Los Angeles Field Office, designated an Iran-based procurement network that allegedly impersonated and defrauded U.S. companies to source restricted goods for Iran’s Ministry of Defense and Armed Forces Logistics and other sanctioned Iranian end users. The action covers Ali Majd Sepehr, his company Sorena Hushmand Samaneh Company, MODAFL-controlled Sairan Information Exchange Space Security Industries Company, Sorena chair Roudabeh Sarmadi, and other facilitators and front companies in Iran, the United Arab Emirates, and Italy. According to Treasury, the network used domains mimicking U.S. businesses, U.S. freight forwarders, and Dubai-based intermediaries to procure and re-export items including network security and encryption software and hardware, spectrum analyzers, and non-linear junction detectors, defrauding dozens of U.S. information technology companies, resellers, and vendors out of millions of dollars. The designations block property and interests in property of the designated persons that are in the United States or held by U.S. persons, generally bar U.S. persons from dealing with them, and create secondary sanctions risk for foreign financial institutions that knowingly facilitate significant transactions on their behalf. The U.S. Department of State’s Rewards for Justice program is also offering up to USD 15 million for information leading to the disruption of the financial mechanisms of Iran’s Islamic Revolutionary Guard Corps and its branches.
U.S. Department of the Treasury2026-05-29
U.S. Department of the Treasury sanctions Iran-based procurement network accused of impersonating U.S. businesses to procure restricted goods for MODAFL
The U.S. Department of the Treasury’s Office of Foreign Assets Control, in coordination with the Department of Commerce and the FBI’s Los Angeles Field Office, designated an Iran-based procurement network accused of impersonating and defrauding U.S. companies to obtain restricted goods for Iran’s Ministry of Defense and Armed Forces Logistics and other sanctioned end users. The designations target individuals, front companies and MODAFL-controlled entities in Iran, the UAE and Italy, block their U.S. property, prohibit most dealings by U.S. persons, and create secondary sanctions risk for foreign financial institutions that knowingly facilitate significant transactions.