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Md. man guilty of helping Iran launch satellite

Monday - 6/10/2013, 6:30pm  ET

GREENBELT, Maryland (AP) -- A Maryland jury has convicted an Iranian-American of illegally helping Iran launch its first satellite.

The jury returned its verdict against Maryland resident Nader Modanlo on Monday. Federal prosecutors had accused Modanlo of brokering a deal to help Iran launch an earth observation satellite from Russia in 2005. The launch marked the practical beginning of Iran's space program after decades of aspirations. Prosecutors said Modanlo was paid $10 million for his assistance.

Prosecutors said the jury returned guilty verdicts on 10 of 11 counts: one count of conspiracy, two counts of violating a trade embargo the U.S. has against Iran, one count of obstruction and six money-laundering counts involving the $10 million payment. The jury hung on one additional count of violating the embargo.

Sentencing was set for Sept. 11.

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