Feds: CT man smuggled his company s cosmetics into Iran
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A file photo of the scales of justice.Flickr / Contributed Photo
RIDGEFIELD A local man has been accused of participating in a years-long scheme to smuggle cosmetics in Iran while he served as president of a New York company, according to federal prosecutors.
Michael Rose, 50, of Ridgefield, was charged by an indictment Tuesday with conspiring to violate the International Emergency Economic Powers Act, conspiring to launder money and conspiring to commit bank fraud. If convicted, the first and second offenses each carry a maximum sentence of 20 years in prison, and the third carries a maximum 30-year term.