The New York State Attorney has arrested a Russian citizen called Maxim Marchenko, and two other co-conspirators, accusing them of buying $1.6 million worth of military-grade OLED microdisplays and smuggling these to Russia. The US export control laws forbid the sale of such components to Russian companies.
According to the prosecutors Marchenko hid the fact that these displays were going to Russia, and claimed that these will be used by Chinese companies for use in electron microscope for medical research. Marchenko was charged with seven criminal counts including wire fraud, smuggling, money laundering and four conspiracy counts.
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Posted: Sep 19,2023 by Ron Mertens
