Jalal Hajavi, Virginia resident, has been sentenced to two years in prison for egregious violations of the International Emergency Economic Powers Act and the Iranian Transactions and Sanctions Regulations. He facilitated shipment of heavy equipment from the US to Iran…

SAP is going to pay > $220 million to resolve investigations into violations of the Foreign Corrupt Practices Act. This comes from schemes to bribe governments in South Africa and Indonesia. Justice is working with South Africa. Read More

China has sanctioned five US companies, BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions as a result of US sanctions. Read More

A New Hampshire charity, NuDay Syria, was sentenced at the end of December in federal court for exporting humanitarian goods to Syria unlawfully. The organization was sentenced to 5 years of probation and to pay a $25,000 fine for three…

OFAC: They settled with Privilege Underwriters Reciprocal Exchange (PURE) for $466,200. This was to settle potential civil liability of Ukraine- / Russia-related sanctions. Read More

Ghacham Inc., doing business as “Platini”, was sentenced in District Court for scheming to avoid paying duties and doing business with a woman linked to the Sinaloa drug cartel. They were fined $4 million, ordered to pay ~ $6.4 million…

Chairman McCaul determined that BIS has enabled a virtually unrestricted flow of American technology to CCP-controlled companies, facilitating China’s rapid rise as a technological, economic, and military superpower. Read More

ADCO Industries (aka Dallco Marketing), an importer of industrial products, has agreed to pay $2.5 million to resolve alleged violations of the False Claims Act. They underrepresented the value of goods, along with their broker and the Chinese suppliers, to…

KingKong-Tools, a German company, was labeling its tools “made in Germany” when they were made in China and transshipped through Germany. The company will pay $1.9 million to settle those allegations. Read More

Countries that use the Euro must put that currency on all of the invoices, documents, and entry transmissions from those countries. Read More

In combination with OFAC, FinCEN, and IRS, Treasury is announcing the largest settlement in history. This is with Binance Holdings for violations of anti-money laundering and sanctions laws. Binance is a virtual currency exchange, responsible for ~ 60% of virtual…