A Russian father was indicted Wednesday on charges that he conspired to launder money and smuggle goods from an illegal import-export business.

Alexander Brazhnikov Sr., 72, of Moscow, is charged with one count each of conspiracy to commit money laundering, conspiracy to smuggle goods from the U.S. and conspiracy to violate the International Emergency Economic Powers Act (IEEPA).

U.S. Attorney Craig Carpenito announced the indictment in a statement Wednesday.

Brazhnikov Sr. was the owner, CEO and operator of ABN Universal, a microelectronics import-export company in Moscow. His son Alexander Brazhnikov Jr. 39, of Mountainside, ran four microelectronics export companies: in Carteret, Mountainside, Union and Manalapan.

Their indictments detail a scheme to hide the value and true final recipients of the shipments of the electronic components. Investigators ultimately learned that the shipments were going to suppliers for the Ministry of Defense of the Russian Federation, the Federal Security Service (FSB) and other Russian companies which designed nuclear warheads and weapons.

Investigators estimated the total amount of laundered money to be $65 million.

"Each shipment from the United States was sent to one of 12 false addresses or shell locations in Moscow established at Brazhnikov Sr.'s direction, re-directed to a central warehouse he and others controlled, and ultimately shipped to the end-users in Russia, including the Russian defense contracting firms," Carpenito's statement said.

The men are also accused of setting up shell companies in eight other countries to conceal payments from Russian buyers.

Brazhnikov Jr. pleaded guilty to his involvement in the scheme and was sentenced to 70 months in prison on June 30, 2016.

Brazhnikov Sr., though, is still at large. He faces up to 20 years in prison and a $500,000 fine for money laundering conspiracy, as much as 20 years on conspiracy to violate IEEPA, and up to five years and a $250,000 fine on the conspiracy to smuggle goods charge.

Joe Brandt can be reached at jbrandt@njadvancemedia.com. Follow him on Twitter @JBrandt_NJ. Find NJ.com on Facebook.

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