Trade News

Treasury: Unveils National Illicit Finance Strategy

May 28, 2024

A New York company admitted to an illicit export control scheme where they shipped electronic components from the US to Russian-military-affiliated companies.

Justice: Two Plead Guilty in Multi-Year Scheme

May 28, 2024

A New York company admitted to an illicit export control scheme where they shipped electronic components from the US to Russian-military-affiliated companies.

Justice: A New York Company Conspired to Illegally Export Dual-Use Electronics for Russian Military Drone Technology

May 14, 2024

A New York company admitted to an illicit export control scheme where they shipped electronic components from the US to Russian-military-affiliated companies.

Justice: Florida Company Illegally Obtained US Military Technology Drawings through Computer Intrusion

May 14, 2024

A Florida company was used as a front to obtain defense contracts and get access to drawings of critical US military technology. They used remote access on the computer to evade security restrictions and get the drawings illegally exported.

Justice: Group Accused of Evading US Venezuela Sanctions

April 22, 2024

A group of people conspired to avoid US sanctions in Venezuela by shipping aircraft parts from the US to VE via Spain and Costa Rica. BIS is investigating, and an indictment was unsealed for IEEPA violations.

BIS: Expansion of Export Restrictions to Iran and Ukraine

April 22, 2024

The Bureau of Industry and Security is amending the EAR to expand the scope of items requiring a license for export/reexport to Iran, as well as the scope of the Ukraine Foreign Direct Product Rule and the Iran FDP rule.…

Treasury: $20 Million Settlement for Violating Iran Sanctions

April 19, 2024

OFAC settled with SCG Plastics (Thailand). SCG Plastics agreed to pay $20,000,000 to settle their civil liability for 467 violations of OFAC sanctions on Iran. Read More

CBSA: Launching New CARM schedule!

April 19, 2024

CARM will launch internally at the CBSA on May 13, as planned, to advance the Agency’s compliance and enforcement efforts. However, as a result of strike vote activity now underway by the Public Service Alliance of Canada and the possible…

OFAC: U.S. Implements Ban on Russian Nickel, Aluminum, and Copper Imports

April 12, 2024

New determination based on Executive Order 14068. Nickel, aluminum, and copper of Russian Federation origin is now prohibited from entering or being imported into the US, including admission into an FTZ. Read More

CSMS: Impersonation Scams Surge as Fraudsters Pose as U.S. Customs and Border Protection Officials

April 3, 2024

Impersonation scams are on the rise. Scammers are posing as U.S. Customs and Border Protection (CBP) employees and demanding payment or sensitive information. If you receive one of these calls, hang up and report the call to the Federal Trade…

Justice: Latvian Arrested for Illegal Sale of US Avionics Equipment to Russia

March 29, 2024

A Latvian citizen worked with Kansas residents to facilitate the sale of US avionics equipment to customers in Russia. He was arrested in March in Latvia and is pending extradition proceedings. Read More

Justice: Latvian Citizen Arrested for Allegedly Facilitating Sale of US Avionics Equipment to Russia

March 28, 2024

A Latvian citizen worked with Kansas residents to facilitate the sale of US avionics equipment to customers in Russia. He was arrested in March in Latvia and is pending extradition proceedings. Read More