Florida man accused of conspiring to violate Iran embargo

A federal grand jury has indicted a Florida businessman on allegations of conspiring to violate the U.S. embargo against Iran. The five-count indictment against the Pensacola entrepreneur, James P. Meharg, came after a joint investigation between the FBI and the U.S. Department of Commerce looking into the sale of a power-generating turbine to a client in Iran. The indictment announced Monday by the U.S. Attorney's Office in the Northern District of Florida asserts that the 59-year-old chief executive of Turbine Resources International conspired with contacts in the United Kingdom and Iran in the alleged transaction.

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