- Arthur Petrov, a dual Russian-German citizen residing in Russia and Cyprus, has been charged with export control violations, smuggling, wire fraud, and money laundering offenses for his alleged role in procuring U.S.-sourced microelectronics for a Russia-based supplier of critical electronics components to the Russian military.
- Petrov was arrested in Cyprus at the request of the U.S.
- He and two co-conspirators fraudulently procured large quantities of U.S. microelectronics subject to export controls for their Russian-based supplier, using shell companies and deceptive means to conceal the destination, which was Russia. The technology they acquired had significant military applications and was used in Russian guided missiles, drones, and electronic warfare devices in Ukraine.
- Petrov faces multiple charges, each carrying a maximum sentence ranging from five to 20 years in prison. Read More