Enforcement

A New Jersey-based airline exceutive pled guilty to participating in a money laundering conspiracy involving proceeds of heathcare fraud channeled through his employer's bank account.

An indictment was unsealed in the Central District of California May 16 charging two Chinese nationals alleging they played leading roles in a scheme to launder proceeds from cryptocurrency investment scams. According to court documents, the conspirators allegedly managed an international syndicate that laundered proceeds of cryptocurrency investment scams, which are also known as “pig butchering.”

Treasury’s Office of Foreign Assets Control (OFAC) designated three individuals for their activities associated with the malicious botnet tied to the residential proxy service known as 911 S5. …

Two Florida men have pleaded guilty to one count of wire fraud conspiracy for their roles in a scheme to fraudulently procure deeply discounted products from Massachusetts biochemical company Sigma-Aldrich Inc., doing business as MilliporeSigma, and export them to China using falsified export documents. As a result of MilliporeSigma’s timely self-disclosure and extraordinary cooperation, MilliporeSigma will not be charged, despite the criminal wrongdoing committed by a MilliporeSigma employee.

The Justice Department announced a series of coordinated actions to disrupt the illicit revenue generation efforts North Korean information Technology workers, while the State Department announced a $5 million reward to help shut down the schemes.

In response to Ankara's suspension of trade with Israel,The US Department of Commerce's Bureau of Industry and Security (BIS) has issued an antiboycott advisory on Turkey. U.S. companies operating in Türkiye, in particular, are cautioned to be alert to their receipt of any requests to refrain from importing or exporting goods to or from Israel or to provide certification that the goods are not of Israeli origin or do not contain Israeli-origin components or materials. 

The Disruptive Technology Strike Force meets with US government and private sector partners to discuss the threat to advanced U.S. technology from hostile foreign governments and its efforts to …

A Florida woman pleaded guilty to 25 felony counts in Florida federal court, related to a scheme to falsely represent parts manufactured by a debarred Turkish fabricator were of American Origin. Among violations were the export of sensitive military drawings and specifications, despite the clear warnings on the face of each drawing that it could not be exported without obtaining a license.

U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an Advisory to assist financial institutions in detecting potentially illicit transactions related to …

A Brooklyn man pleaded guilty to conspiring to defraud the United States for his role in an illicit export control scheme to ship electronic components from the United States to companies affiliated with the Russian military. Nikolay Grigorev, 36, procured dual-use electronic components for entities in Russia involved in the development and manufacture of drones for the Russian war effort in Ukraine.

The Justice Department, together with the Federal Trade Commission (FTC), announced that Williams-Sonoma Inc.  has agreed to a settlement that requires it to pay more than $3 million in civil penalties and stop making false and misleading claims about the origins of its products.

Two Chinese Nationals were indicted for attempting to conceal the ultimate end user for semiconductor manufacturing equipment purchased from a California manufacturer. The defendants sought to acquire the machine through an intermediary company, a proxy they fraudulently represented as the purchaser and end user.

A federal jury in Miami has convicted the former Comptroller General of Ecuador  for his role in a multimillion-dollar international bribery and money laundering scheme. According to court documents and evidence presented at trial, between 2010 to 2015, Carlos Ramon Polit Faggioni, 73, solicited and received over $10 million in bribe payments from Odebrecht S.A., the Brazil-based construction conglomerate.

The Justice Department today announced the unsealing of an indictment charging 10 defendants in a scheme to illegally procure aircraft parts, including Honeywell Turbofan Engines, from the United States to service PDVSA’s aircraft fleet in Venezuela, in violation of U.S. sanctions and export controls.

Principal Deputy Assistant Attorney General Nicole M. Argentieri, head of the Justice Department's Criminal Division announced the outlines of a voluntary self-disclosure progam in a statement Monday …

Arms dealers to Sudan & Iraq; Pennsylvanian sentenced for torture & arms to Iraq; DPRK diplomat money laundering

The president of Orlando, Florida-based steel trading firm Metalhouse LLC, was sentenced to six years in prison for conspiracy to commit money laundering to promote violations of U.S. sanctions against Sergey Kurchenko, a pro-Russian Ukrainian oligarch.   A business associate, a Belarusian national residing in Miami, was sentenced to 21 months in prison for his role in the scheme.

Public Company Accounting Oversight Board (PCAOB) Chair Erica Y. Williams announced a record $25 million fine sanctioning KPMG Netherlands for widespread improper answer sharing and the firm's multiple misrepresentations about its knowledge of the misconduct.

Wednesday Senators Mitt Romney (R-UT) and Maggie Hassan (D-NH), introduced bipartisan legislation to bolster the Export Enforcement Coordination Center—an interagency hub for information sharing and coordination among the key agencies responsible for export control enforcement. At a hearing Thursday, officials from Commerce, Justice and Homeland Security were unanimous in their call for resources from Congress.

Two Russian nationals pleaded guilty last week to conspiracy to violate the Export Control Reform Act (ECRA) in connection with a scheme to acquire and unlawfully export controlled aviation technology to Russian end users. Beginning in or about May 2022 through May 2023, the defendants conspired to obtain orders for various aircraft parts and components from Russian buyers – primarily commercial airline companies – and then fulfill those requests by acquiring the parts from the United States suppliers.

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