Contact Us

Dallas-Area Businessmen Borna Faizy and Touraj Ghavidel Charged With Illegally Exporting Computers to Iran

Kevork Djansezian, Getty Images

Two Dallas-area businessmen have been charged in a plot involving the illegal export of computers to Iran.

Borna Faizy, also known as “Brad,” and Touraj Ghavidel, also known as “Brent Dell,” the corporate owners of Signal Microsystems in Addison, Texas, were arrested Thursday morning on an indictment alleging that they illegally shipped computer equipment to Iran through Dubai.

Their business sells computers domestically and internationally.

The indictment alleges that the 42-year-old Faizy of Frisco and 44-year-old Ghavidel conspired together and with others to export computers and equipment from the United States to Iran, in violation of the prohibitions imposed upon that country by the U.S. Government, without first having the authorizations or licenses from the Office of Foreign Assets Control.

The men are believed to have evaded regulations, prohibitions, and licensing requirements of the Iranian Transactions and Sanctions Regulations, which prohibit the unauthorized exportation of goods from the U.S. to a third country if the goods are intended or destined for Iran.

The U.S. Department of Justice alleges that the duo actively recruited Iranian customers by marketing their computer business to individuals, and attended a computer trade show known as “GITEX” in Dubai to recruit Iranian customers.

Faizy and Ghavidel are each charged with one count of conspiracy to illegally export to Iran, nine substantive counts charging illegal export of goods to Iran, and one count of making false statements to a federal agency.

Upon conviction, the conspiracy count carries a maximum penalty of 20 years in federal prison. Each of the substantive counts carries a maximum statutory penalty of 20 years in federal prison and the false statement counts carries a maximum penalty of five years in prison. All of the counts carry a maximum fine of $250,000.

Best of KFYO

Recommended For You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KFYO Advisory Board quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KFYO Advisory Board contests, events, coupons, presales, and much more delivered to you for FREE.