Laura Wang-Woodford, 64, a U.S. citizen who was a director at the Singapore-based Monarch Aviation Pte, pleaded guilty in Brooklyn federal court to conspiring to violate a U.S. trade embargo by exporting aircraft components to Iran without a U.S. government license.
Her husband, Brian Woodford, was charged in 2003 for his suspected role in the scheme but remains a fugitive.
Both were accused of exporting controlled U.S. aircraft parts from the United States to Singapore and Malaysia and then re-exporting those items to companies in Tehran without obtaining approval from U.S. authorities.
The aircraft parts exported include aircraft shields, shears, "o" rings, switch assemblies and parts for Chinook military helicopters, prosecutors said.
Wang-Woodford faces a maximum sentence of five years in prison and a fine of up to $250,000 when she is sentenced on June 25. As part of her guilty plea, she has agreed to forfeit $500,000 to the U.S. Treasury Department, prosecutors said.
Her attorney could not immediately be reached for comment.
(Reporting by Edith Honan; editing by Daniel Trotta and Todd Eastham)
