The United States has sanctioned an India-based businessman, his wife and nine Indian companies for allegedly helping Iran evade oil-trade restrictions through maritime fraud. The Treasury named Suniel Kumar Sharma and Jaspreet Preeti Shahid, accused of running a network from Chandigarh that supplied false flags and fraudulent certifications to sanctioned vessels since 2014.
US sanctions Indian couple, nine firms over Iran oil fraud
Source: Times of India