California Tech CEO Accused Of Selling U.S. Gear To Iran's Nuclear And Military Programs
On Thursday, federal prosecutors announced that Jamshid Ghomi, a 63-year-old Newport Coast tech CEO, is accused of selling U.S. computer equipment to Iran's nuclear and military establishment.[1]
Prosecutors say the alleged sanctions-violating scheme stretched roughly a decade.[1] They allege more than $15 million tied to Ghomi's Iran-based business flowed into U.S. financial accounts over a 13-year period.[2] Assistant Attorney General for National Security John A. Eisenberg said Ghomi enriched himself by supplying U.S. technology to Iran's Atomic Energy Organization and other sanctioned entities.[2]
Ghomi bought a vacant Newport Coast lot in 2010 for about $4.5 million and spent more than $10 million building a roughly 14,000-square-foot mansion now valued at about $35 million.[2] Court filings say many incoming transfers were labeled with allegedly false descriptions such as "Buying Goods" and "For Consulting Fees" and were routed through offshore companies and exchange houses.[2] Those transfers reportedly passed through entities in the British Virgin Islands, Hong Kong, Turkey and the United Arab Emirates, prosecutors say.[2]
Prosecutors also allege Ghomi told the IRS the funds were a foreign inheritance and reported very low income.[2] They say he improperly claimed the Earned Income Tax Credit while living in the luxury home.[2]
CBS's report emphasized the DOJ accusation and identified Ghomi's age and Newport Coast residence.[1] Fox's account detailed the $15 million in transfers, the offshore routing and the construction of Ghomi's $35 million mansion.[2]
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📌 Key Facts
- CBS reports on Thursday, June 4, 2026, that the DOJ accuses Jamshid Ghomi, 63, of Newport Coast, California, of selling U.S. equipment to Iran's nuclear and military establishment and that the alleged sanctions-violating scheme lasted about a decade (Jamshid Ghomi).
- Federal prosecutors allege that over a 13-year period more than $15 million tied to Jamshid Ghomi's Iran-based business flowed into U.S. financial accounts, including accounts used to finance construction of his Newport Coast residence (more than $15 million).
- According to filings, Ghomi bought a vacant Newport Coast lot in 2010 for about $4.5 million and spent more than $10 million building a roughly 14,000-square-foot mansion now valued at about $35 million (14,000-square-foot mansion).
- Court documents say many transfers were labeled with allegedly false descriptions such as 'Buying Goods' and 'For Consulting Fees' and were routed through offshore companies and exchange houses in the British Virgin Islands, Hong Kong, Turkey and the United Arab Emirates (Court documents).
- Prosecutors further allege Ghomi falsely told the IRS that incoming funds were a foreign inheritance, reported very low income (a highest annual figure of about $20,684), and claimed the Earned Income Tax Credit in multiple tax years while living in the luxury home (Earned Income Tax Credit).
- Assistant Attorney General for National Security John A. Eisenberg said Ghomi enriched himself by supplying U.S. technology to the Atomic Energy Organization of Iran and other sanctioned entities responsible for Iran's nuclear program (John A. Eisenberg).
📰 Source Timeline (3)
Follow how coverage of this story developed over time
- Federal prosecutors allege that over a 13-year period more than $15 million tied to Jamshid Ghomi's Iran-based business flowed into U.S. financial accounts, including those used to finance construction of his Newport Coast residence.
- The article reports that Ghomi bought a vacant Newport Coast lot in 2010 for about $4.5 million and spent more than $10 million constructing a roughly 14,000‑square‑foot mansion now valued at about $35 million.
- According to court documents cited, many transfers were labeled with allegedly false descriptions such as "Buying Goods" and "For Consulting Fees" and were routed through offshore companies and exchange houses in the British Virgin Islands, Hong Kong, Turkey and the United Arab Emirates.
- Prosecutors further allege Ghomi falsely told the IRS that incoming funds were a foreign inheritance, reported very low income with a highest annual figure of about $20,684, and claimed the Earned Income Tax Credit in multiple tax years while living in the luxury home.
- Assistant Attorney General for National Security John A. Eisenberg is quoted saying Ghomi enriched himself by supplying U.S. technology to the Atomic Energy Organization of Iran and other sanctioned entities responsible for Iran's nuclear program.
- CBS reports on June 4, 2026, that DOJ accuses Jamshid Ghomi, 63, of Newport Coast, California, of selling U.S. equipment to Iran's nuclear and military establishment.
- The CBS report says the alleged sanctions-violating scheme lasted for about a decade.
- CBS identifies Ghomi's age and hometown in California in connection with the alleged export scheme.