Christopher Tappin, 66, a retired shipping magnate, had faced charges of conspiracy to illegally export defense articles, aiding and abetting the illegal export of defense articles and conspiracy to conduct illegal financial transactions.
He pleaded guilty to one count of the indictment Thursday at a hearing in El Paso, Texas. The deal calls for 33 months in prison, but as part of the agreement, prosecutors agreed not to oppose his request to be transferred back to his home country. He had faced up to 35 years in prison.
UK millionaire admits plot to sell missile parts to Iran after US sting operation - U.S. News (external - login to view)