On 9 September, a co-founder of the now defunct Houston, Texas electronics firm Arc Electronics Inc. pleaded guilty in United States District Court in Brooklyn, New York to being an unregistered agent of the Russian government in violation of the Foreign Agents Registration Act (“FARA”), illegally exporting sensitive microelectronics to Russia in violation of the US Commerce Department’s Export Administration Regulations (“EAR”), and conspiracy to launder money in connection with the sales. Alexander Fishenko, a naturalised US citizen, admitted to shipping roughly $50 million worth of sensitive technologies to the Russian military between 2002 and 2012 without appropriate licenses from the Commerce Department. Four of Fishenko’s co-defendants previously pleaded guilty, and three others are scheduled to go on trial commencing September 21, 2015. Fishenko potentially faces up to 20 years in prison for the EAR and money-laundering violations and up to 10 years in prison for the FARA violation.
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Texas man pleads guilty to illegally exporting sensitive electronics to the Russian military
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