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Below-guideline (but still significant) prison sentence for scientist convicted of violating a trade embargo with Iran

By Douglas A. Berman

This AP story headlined "Iran-embargo defendant gets 2 1/2 years in prison"  and this BusinessWeek story headlined "Ex-McKinsey Consultant Gets 2 1/2 Years in Iran Case," both report on an interesting and unusual federal sentencing today in NYC.  Here are the basics frm the BusinessWeek account: Former McKinsey & Co. consultant Mahmoud Reza Banki was sentenced to 2 1/2 years in prison for violating the Iran trade embargo and running an unlicensed money-transfer business. Banki, a naturalized U.S. citizen born in Iran, was accused of running a ?value-transfer? business that essentially moved money to residents of Iran from 2006 to 2009 in violation of the U.S. embargo. Banki received about $4.7 million as part of the transfer process and used the money to buy a $2...continue to full post

Full post as published by Sentencing Law and Policy on August 16, 2010 (boomark / email).