The Office of Foreign Assets Control (“OFAC”) released on Friday its civil penalty information for February 2006 and reported that Varian, the Palo Alto scientific instrument giant, agreed to pay $114,958 to settle allegations that its Swiss and German subsidiaries…
The criminal complaint filed against the two Florida men who obtained Cuba travel licenses for fake churches is amusing reading, at least if you enjoy reading about gangs that couldn’t shoot straight. Some 4,500 people traveled on the fake churches’…
According to this AP wire story, two men in Florida were charged with violating the Cuban Sanctions Regulations by applying for Cuba travel licenses using “fake” religious organizations. Prosecutors charged that the two men then sold these licenses to travel…
OFAC just released its monthly exercise in non-disclosure, recounting — in as little detail as possible — penalty actions undertaken by OFAC in the previous month. A Cuba vacationer, a guy who purchased a few Cuban stogies over the Internet,…
In all the hubbub about the SEC fining El Paso for violating the Foreign Corrupt Practices Act through bribes paid in connection with the Oil for Food program, there has been little mention that OFAC was also part of the…