Category: USA

Italian Company to Pay $950,000 for selling US-Origin Parts to Iran

The company agreed to pay $950,000 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR) Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the… Continue Reading “Italian Company to Pay $950,000 for selling US-Origin Parts to Iran”

USA: German Attorney Pleads Guilty to Money Laundering

Defendant laundered more than $1.1 Million through a shell company. Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please login or Register now.

US Sanctions: 4.5 Years in jail and $250k fine for man who provided charter flights to Maduro’s entourage

A man was sentenced in the US this week to 55 months in prison for his connection with a scheme to provide private charter flights to members of former Venezuelan President Nicolás Maduro’s inner circle. Members-only content. While the blog operates on a free-to-view… Continue Reading “US Sanctions: 4.5 Years in jail and $250k fine for man who provided charter flights to Maduro’s entourage”

USA: BIS fines German Aircraft Services provider, suspends export privileges for procuring parts to Iran

BIS fines German company & issues 3 years suspended export ban for Iran sanctions violations Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the content. To continue reading, please login or Register… Continue Reading “USA: BIS fines German Aircraft Services provider, suspends export privileges for procuring parts to Iran”

Malaysia: Deloitte to pay $80M in settlement over 1MDB scandal

Deloitte has entered into an $80M out-of court settlement with Malaysian Authorities over its role as an auditor to 1Malaysia Development Berhad (1MDB). Members-only content. While the blog operates on a free-to-view basis, your registration is required in order to read all of the… Continue Reading “Malaysia: Deloitte to pay $80M in settlement over 1MDB scandal”

Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil

South Korean shipbuilder Samsung Heavy Industries (SHI) agreed on Monday to pay $149M in a leniency agreement with Brazilian authorities to resolve investigations into acts of corruption and money laundering. 15 months earlier, the shipbuilder resolved similar allegations with U.S. Authorities. Members-only content. While… Continue Reading “Samsung Heavy Industries to pay $149M to settle corruption probe in Brazil”