President Of New York-Based Company Arrested For Conspiring To Violate U.S. Sanctions Against Iran
Michael Rose Allegedly Sold More Than $350,000 in Goods to an Iranian Importer in Violation of U.S. Sanctions and Allegedly Committed Related Money Laundering and Bank Fraud Crimes
(STL.News) Audrey Strauss, the United States Attorney for the Southern District of New York, William F. Sweeney Jr., Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation (“FBI”), and Jonathan Carson, Special Agent in Charge of the New York Field Office of the U.S. Department of Commerce, Office of Export Enforcement (“DOC-OEE”), announced today the unsealing of charges against MICHAEL ROSE for conspiring to violate the International Emergency Economic Powers Act (“IEEPA”), and participating in bank fraud and money laundering conspiracies. ROSE was arrested by the FBI and OEE today, and he will be presented later today in Manhattan federal court before United States Magistrate Judge Stewart D. Aaron.
Manhattan U.S. Attorney Audrey Strauss said: “As alleged, Michael Rose participated in a years-long scheme to violate our sanctions by surreptitiously exporting cosmetics to Iran via front company intermediaries in the Middle East. Today’s charges underscore that those who violate our sanctions on Iran will be investigated and prosecuted.”
FBI Assistant Director William F.