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.
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