Nader Modanlo paid $10 million for his assistance in launching Iran’s space program
The launch of the Sina-1 satellite marked the practical beginning of Iran’s space program after decades of aspirations. Prosecutors said Modanlo was paid $10 million for his assistance. The judge ordered Modanlo to forfeit $10 million.
Copyright 2013 The Associated Press.
Also By Ann E. Marimow, Washington Post, June 10, 2013
“The case against Modanlo that played out in federal court in Greenbelt last month had all the makings of an international mystery: meetings at a hotel in Moscow, allegations of documents written in code and a $10 million check that made its way from a Swiss bank account to Bowie.
“For 10 years, federal investigators pursued the former NASA contractor. Modanlo’s attorneys said the government’s case was built on fears about Iran. The $10 million, they said, was a legitimate loan for a start-up satellite business.
Modanlo was convicted of conspiring to violate the government’s long-standing embargo that prohibits U.S. citizens from directly or indirectly doing business with Iran. Prosecutors said Modanlo tried to get around the embargo by using a front company in Switzerland to conceal the involvement of Iran and funnel money to his bank account.”