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On March 19, 2021, the United States Attorney’s Office in Los Angeles unsealed a criminal complaint charging 10 Iranian nationals with operating an approximately 20-year-long scheme to evade U.S. sanctions on the Iranian government by concealing more than $300 million worth of transactions. The transactions including buying two $25 million oil tankers for Iran through front companies in the San Fernando Valley, Canada, Hong Kong, and the United Arab Emirates. [1]
[1] Office of the United States Attorney Central District of California, Iranian nationals Charged with Conspiring to Evade U.S. Sanctions on Iran by Disguising $300 Million in Transactions Over Two Decades, Press Rel. 21-047, Mar. 19, 2021.