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US Businessman Pleads Guilty to Illegal Iran Export Conspiracy

Alabama resident and business owner Ray Hunt pleaded guilty this month to conspiring to illegally export U.S.-origin goods to Iran, DOJ announced. Hunt was charged in December after the agency said Hunt conspired to ship parts used in the oil…

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and gas industry to Iran and submitted false export information to the U.S. government (see 2211300011). Hunt faces a maximum five-year prison sentence.