Pennsylvania man sentenced for illegal exports

Markets

Friday, January 18, 2013

The U.S. Commerce Department said a North Wales, Pa. man was sentenced Thursday to 42 months in jail on five counts of violating the International Emergency Economic Powers Act (IEEPA). Timothy Gormley, 52, was employed by Amplifier Research in Souderton, Pa., a manufacturer and supplier of microwave amplifiers with both domestic and overseas customers. On Nov. 30, 2011, Commerce’s Office of Export Enforcement received a voluntary self-disclosure from Amplifier Research. &nbs...

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