Feds move to seize $35M Newport Coast manse after tech CEO arrest
A $35 million Newport Coast mansion is set to be seized by the federal government after the arrest of an Iranian American tech CEO. On Wednesday, acting U.S. Attorney General Todd Blanche announced the arrest of dual U.S.-Iranian citizen Jamshid Ghomi on accusations of aiding Iran’s nuclear and military programs, Forbes reported. Authorities plan to seize his assets, including his $35 million mansion at 31 High Water in Newport Coast’s exclusive Crystal Cove gated community, First Assistant U.S. Attorney Bill Essayli said in a statement. The construction of the roughly 14,000-square-foot mansion in question was allegedly funded by Ghomi’s sanctions-evasion […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Six projects from Bin Wu that showcase design "articulated by the East itself"
Westside Estate Agency’s Kurt Rappaport lands $26M for Brentwood spec mansion
Fuel exec aims for $26M on Newport Harbor home
Inside the U.S. Open’s Most Exclusive VIP Suites of 2026
Compass exec’s waterfront Newport Beach mansion flirts with local price record
Tishman Speyer buys pricey Anaheim apartments with help of Freddie Mac loan acquisition
Amanda Seyfried Lists Her Idyllic Hollywood Hills Home for $3.2 Million
Measure ULA challenger backs Steve Hilton for governor
All the Details Behind Arthur Ashe Stadium’s $800 Million New Look
California’s First Passive Solar House Lists Again at Nearly Half Its Previous Asking Price
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
26895 Aliso Creek Rd, B-603, Aliso Viejo, California 92656, USA