Former gold trader avoids US prison over role in Iran sanctions violations case
By Samuel Rubenfeld ( July 14, 2026, 17:21 GMT | Insight) -- A Turkish-Iranian gold trader avoided prison time Tuesday after cooperating with US authorities for nearly a decade and admitting to his role in a multibillion-dollar scheme to help the Iranian government evade US sanctions. “Time served is obviously and appropriately being applied in this case,” the judge said.A Turkish-Iranian gold trader avoided prison time Tuesday after cooperating with US authorities for nearly a decade and admitting to his role in a multibillion-dollar scheme to help the Iranian government evade US sanctions....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.