Reza Olangian was arrested in Tallinn, Estonia, in October 2012 and extradited to the United States in March, prosecutors yesterday said as they released a criminal complaint and an indictment charging him with multiple crimes including conspiracy to attempt to acquire and transfer surface-to-air missiles as well as violations of the International Emergency Economic Powers Act.
In a release, Derek Maltz, special agent-in-charge of the Drug Enforcement Administration Special Operations Division, said: "Mr. Olangian's conspiracy could have put American lives at risk, as well as those of our friends across the globe."
Those talks included a live videoconference in summer 2012 with the confidential source, the government said. During recorded meetings, Olangian and the source spoke about the cost of a handheld, portable infrared-homing missile system that could be fired by a single person, the criminal complaint said.
It said he sought a Russian long-range surface-to-air missile system that was developed to fire missiles at aircraft and cruise missiles or to intercept ballistic missiles.
The complaint, written by DEA Agent Derek Odney, quoted Olangian telling the confidential source that selling the missile system "would make us both very rich."
After his arrest, Olangian told investigators that he was trying to acquire aircraft components for an Iran-based company that hoped to provide them to the Iranian Ministry of Defense, Odney wrote.
A lawyer for Olangian did not immediately return a phone message. Olangian was due in court November 13.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
