[mthoms]

She provided false statements and evidence to the US Government (and US banking entities) in order export US products to a sanctioned regime. All for a tidy profit.

So, while you're correct that she didn't commit a crime within the USA, she did commit one directly against US businesses and the US government.

As a non-American, I do find the extraterritoriality of US law very concerning, but I don't think this serves as a good example of overreach. She'd have been fine if she didn't enter a country with an extradition treaty with the US. That wasn't the smartest move.