California CEO Sent IRAN Secret Shipments, Feds Say, As FBI RAIDS His $35M Mansion

On June 3, 2026, federal agents walked Jamshid Ghomi out of his Newport Coast mansion in handcuffs. Prosecutors say the Orange County tech CEO ran a company in Tehran that supplied sensitive U.S. networking and encryption equipment to Iran’s military and nuclear establishment for more than a decade. They also say his tax returns showed almost no income while more than $15 million was wired into his U.S. accounts.

In this video:

What agents found at the $35 million Newport Coast mansion
How the case started with an IRS tax investigation
The eBay and PayPal purchases routed through the UAE
Why routers and encryption gear are tightly controlled
The $20,684 tax return and the low-income tax credit
How the mansion was built, according to the Justice Department
The bail hearing and what happens to the house
Jamshid Ghomi is charged with conspiracy to violate the International Emergency Economic Powers Act. He has not been convicted and is presumed innocent.

Sources: U.S. Attorney’s Office, Central District of California; IRS Criminal Investigation; KTLA 5; ABC7; CBS News Los Angeles; CBS Mornings; NBC4 Los Angeles; FOX 11; Fox News; California Post; MyNewsLA. News footage is used under fair use for news reporting and commentary.

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