Orlando-based Metalhouse LLC's President John Can Unsalan, 41, has been indicted and arrested for engaging in a $150 million scheme to violate U.S. sanctions against Russian oligarch Sergey Kurchenko and his two companies. Unsalan allegedly transferred over $150 million to Kurchenko and the associated companies between July 2018 and October 2021, receiving metal products used in steelmaking in return.
Microsoft has agreed to pay $3.3 million to settle potential civil liability relating to exporting services or software to comprehensively sanctioned jurisdictions and Specially Designated Nationals (SDNs) in violation of OFAC's Cuba, Iran, Syria, and Ukraine-/Russia-Related sanctions programs.
An Estonian national has been indicted on eighteen counts related to conspiracy and other charges, including the procurement of sensitive US-made electronics for the Russian government and military. He engaged in this conduct despite being listed on the US Department of Commerce-maintained "Entity List," which designates individuals and companies barred from exporting items from the United States without a license.
A federal court has ordered the forfeiture of approximately $826,000 in funds connected to an attempt to smuggle a dual-use export-controlled item to Russia. The high-precision jig grinder, manufactured in Connecticut, was intercepted in Riga, Latvia, before it could be shipped to Russia. The machine is subject to export restrictions due to its potential applications in nuclear proliferation and defense programs.
Kenneth Scott and his company, Mission Electronics, have agreed not to engage in the export of EAR controlled material for a period of twenty years. Scott was charged in June 2022 by the U.S. Department of Commerce with violating multiple export control regulations related to the sale of two Motorola handheld radios to Iran with a total value of approximately $1,700..
Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Uphold HQ Inc. for maintaining accounts in sanctioned countries over a five year period. …
The Treasury and Federal Reserve have jointly fined Wells Fargo Bank nearly $100 million for failing to prohibit sanctions violations conducted on its trade finance platform Eximbills over a period of seven years.
Assistant Secretary for Export Enforcement Matthew S. Axelrod reviewed his team's initiatives in the Research Community in a March 8th speech to the Academic Security and Counter Exploitation Program’s Seventh Annual Seminar.
The Securities and Exchange Commission announced charges against and a settlement with global mining and metals company, Rio Tinto plc, for violations of the Foreign Corrupt Practices Act (FCPA) arising out of a …
Swedish Telecoms giant and serial FCPA violator LM Ericsson signed a new deal with the Justice Department acknowleging further breaches of the deferred prosecution agreement it entered into for corruption in Djibouti, China, Vietnam, Indonesia and Kuwait.
Justice announced the arrest of the principals of a Kansas avionics distributor for the export of aviation technology from the United States to Russia and Russian end users.
Ilya Balakaev, 47, of Moscow, was charged In the Eastern District of New York with various offenses related to a years-long scheme to illegally smuggle sensitive devices used in counterintelligence operations from the United States to Russia for the benefit of the Federal Security Service of the Russian Federation (FSB), the principal intelligence and security agency of the Russian government.
Additive manufacturer 3D Systems agreed to pay $12,777,750, engage a consultant and complete compliance audits to settle allegations of violations of Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR) by exporting controlled aerospace technology and metal alloy powder to China without the required license, ...
A Connecticut man and a foreign national have been charged with conspiracy, multiple counts of violating the Foreign Corrupt Practices Act (FCPA), and money laundering in connection with an alleged …
A Chinese national who enlisted in the U.S. Army Reserves under the Military Accessions Vital to the National Interest program, which authorized the U.S. Armed Forces to recruit certain legal aliens …
Arturo Carlos Murillo Prijic, 58, was sentenced to 70 months in prison for conspiracy to launder bribes he received in exchange for corruptly helping a U.S. company win a lucrative contract from the …
A ten-year veteran engineer with General Electric was sentenced to 24 months in prison for conspiring to steal trade secrets, knowing or intending to benefit the People’s Republic of China …
Four and a half years after Customs flagged an attempt to export semiconductor lithography supplies to a barred Chinese Entity, Tao Jiang, 53, of Riverside, CA, and Broad Tech Systems, Inc., …
OFAC announced a settlement with Danfoss A/S. a Danish refrigeration manufacturer, with the firm agreeing to pay $4.4 million to settle its potential civil liability for 225 apparent violations of …
The mid-level program administrator responsible for a scheme to export flight control modeling software to a Chinese government entity pleaded guilty Jan 17th. The apparent motive was greed …