According to reports EconomyNews The US Department of Justice accused 10 Iranian nationals of circumventing sanctions and announced that they would be sentenced to 20 years in prison if convicted, Al-Arabiya reported, quoting ISNA.
The US Department of Justice said in a statement that it had charged 10 Iranians with circumventing sanctions by hiding $ 300 million in transactions over a 20-year period.
The statement claims that each of the defendants bought a tanker for Iran for $ 25 million.
A statement from the US Department of Justice also claimed that the 10 Iranians had used 70 fictitious companies based in California, Canada and Hong Kong.
The US Department of Justice has said the defendants are currently outside the United States and could face up to 20 years in prison if convicted.