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BANKING

From Times Staff and Wire Reports

Iranian Held Without Bail in Export Case: An Iranian businessman suspected of making shipments to Iran of electronic testing gear that can be used in producing nuclear weapons and guided missiles was ordered held without bail. U.S. Magistrate Judge Volney V. Brown Jr. said Reza Amiri, 43, was a flight risk and a danger to national security. Brown set bail at $50,000 for Mohammed Danesh, 55, a U.S. citizen who ran the Newport Beach office of Amiri’s company, Ray Amiri Computer Consultants.


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