Accurate classifications today. Fewer surprises tomorrow. Classification errors can result in unexpected duty costs, compliance risks, and increased scrutiny. Join Michael D. Easton of Star USA, to learn when product classifications should be reviewed, how to identify common risk areas,…
BIS: $5.4 Million Penalty and 3-Year Denial Order Imposed on M&M Wireless for Alleged EAR Violations and Recordkeeping Failures
BIS: $5.4 Million Penalty and 3-Year Denial Order Imposed on M&M Wireless for Alleged EAR Violations and Recordkeeping Failures
Bureau of Industry and Security is initiating proceedings against M&M Wireless for violations of the EAR. The claim is that M&M Wireless falsified value and quantity on some exports and failed to comply with recordkeeping requirements. The company was subpoenaed and they responded "no such records exist".
The order has a $5.4 million penalty and $462,700 civil forfeiture, along with 3-year denial order and required export compliance training. The denial order can be suspended/waived if the training is completed.
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