American Sentenced for Selling Components to Iran
Laura Wang-Woodford, a U.S. citizen who served as a director of Monarch Aviation, a Singapore company that imported and exported military and commercial aircraft components for more than 20 years, has been sentenced in federal court to 46 months in prison. She was found guilty of conspiring to violate the U.S. trade embargo by exporting controlled aircraft components to Iran. Wang-Woodford was also ordered to forfeit $500,000 to the U.S. Treasury Department. She and her husband, Brian Woodford, a UK citizen who served as chairman and managing director of Monarch, were originally charged in a 20-count indictment returned in the Eastern District of New York on Jan. 15, 2003. Brian Woodford remains a fugitive. A superseding indictment claims that between January 1998 and December 2007, the defendants exported controlled U.S. aircraft parts from the U.S. to Monarch in Singapore and Malaysia and then re-exported those items to companies in Tehran, Iran, without obtaining the required U.S. government licenses. The parts include aircraft shields, shears, O-rings, switch assemblies and other components designed for use in Chinook military helicopters.