The following appears on m.chron.com

A federal raid at Houston business and the arrest of two local men were part of an investigation that lead to nine defendants indicted for allegedly supplying Iran with high-tech microelectronics, uninterruptible power supplies and other commodities, officials said.

The indicment alleges that Smart Power Systems Inc.,  Bahram Mechanic, 69, and Tooraj Faridi, 46, both of Houston, and Khosrow Afghahi, 71, of Los Angeles, Calif. were all members of an Iranian procurement network operating in the United States, according to the FBI.

Also accused are Arthur Shyu and the Hosoda Taiwan Limited Corporation in Taiwan; Matin Sadeghi, 54, and Golsad Istanbul Trading Ltd. in Turkey; and the Faratel Corporation – co-owned by Mechanic and Afghahi in Iran.

As part of the investigation, agents with the FBI, Commerce Department and the Internal Reveue Service arrived about 6:30 a.m. Friday at the Smart Power Systems at 1760 Stebbins near Shadow Wood Drive, said Shanua Dunlap, spokeswoman for the FBI.

“The nine defendants charged in the indictment allegedly circumvented U.S. sanctions and illegally exported controlled microelectronics to Iran,” said John P. Carlin, Assistant Attorney General for National Security.  “Violations of the International Emergency Economic Powers Act not only can undercut the impact of U.S sanctions, but can also serve to undermine U.S. foreign policy and adversely affect national security.”

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