Menu Home

Enforcement Actions

OFAC Enforcement Actions

Note: * denotes a Finding of Violation

2021

Date Enforcement Action Against Penalty Amount
9/9 New Tek, Inc. $189,483
8/27 First Bank SA and JC Flowers & Co. $862,318
8/26 Bank of China (UK) Limited $2,329,991
7/23 Payoneer Inc. $1,400,301.40
7/19 Alfa Laval Middle East Ltd. $415,695
7/19 Alfa Laval Inc. $16,875
4/29 MoneyGram Payment Systems, Inc. $34,328.78
4/29 SAP SE $435,003
4/19 Alliance Steel, Inc. $2,132,174
3/26 Nordgas, S.r.l. $950,000
3/15 UniControl, Inc. $216,464
2/18 BitPay, Inc. $507,375
1/14 PT Bukit Muria Jaya $1,016,000
1/4 Union de Banques Arabes et Francaises $8,572,500

2020

Date Enforcement Action Against Penalty Amount
12/30 BitGo, Inc. $98,830
12/28 National Commercial Bank $653,347
10/20 Berkshire Hathaway Inc. $4,144,651
10/1 Generali Global Assistance, Inc. $5,864,860
9/24 Keysight Technologies Inc. $473,157
9/17 Comtech Telecommunications Corp. $894,111
9/9 Deutsche Bank Trust Company Americas $157,500
8/11 An Individual $5,000
7/28 Whitford Worldwide Company LLC $824,314
7/16 Essentra FZE $665,112
7/8 Amazon.com, Inc. $134,523
5/6 BIOMIN America, Inc. $257,862
4/30 American Express Travel Related Services Company *
2/26 Societe Internationale de Telecommunications Aeronautiques SCRL $7,829,640
1/27 Eagle Shipping International (USA) LLC $1,125,000
1/21 Park Strategies, LLC $12,150

2019

Date Enforcement Action Against Penalty Amount
12/12 Aero Sky Aircraft Maintenance, Inc *
12/9 Allianz Global Risks U.S. Insurance Company $170,535
12/9 ACE Limited $66,212
11/25 Apple, Inc. $466,912
11/7 Apollo Aviation Group $210,600
10/1 The General Electric Company $2,718,581
9/17 British Arab Commercial Bank plc $4,000,000
8/16 Atradius Trade Credit Insurance, Inc. $343,315
8/8 DNI Express Shipping Company *
8/8 Southern Cross Aviation, LLC *
8/6 PACCAR Inc $1,709,325
6/13 Expedia Group $325,406
6/13 Hotelbeds USA $222,705
6/13 An Individual and Cubasphere Inc $40,320
6/7 Western Union $401,697
5/28 State Street Bank and Trust Co *
5/2 MID-SHIP Group $871,837
4/25 Haverly Systems $75,375
4/15 UniCredit(3 settlements) $611,023,421
4/11 Acteon Group Ltd(2 settlements) $441,366
4/9 Standard Chartered Bank $657,040,033
3/27 Stanley Black & Decker $1,869,144
2/21 ZAG IP, LLC $506,250
2/14 AppliChem GmbH $5,512,564
2/7 Kollmorgen Corporation $13,381
1/31 e.l.f. Cosmetics $996,080

2018

Date Enforcement Action Against Penalty Amount
12/20 Zoltek Companies, Inc. $7,772,102
12/12 Yantai Jerej Oilfield Services Group $2,774,972
11/27  Cobham Holdings  $87,507
11/19 Societe Generale $53,966,916
10/5 JPMorgan Chase $5,263,171
9/13 Epsilon Electronics, Inc. (Revised amount) $1,500,000
6/6 Ericsson, Inc. & Ericsson AB $145,893

2017

Date Enforcement Action Against Penalty Amount
12/6 Dentsply Sirona $1,220,400
11/28 Dominica Maritime Registry, Inc. *
11/17 BCC Corporate SA $204,277
10/5 BD White Birch Investment LLC $372,465
9/26 Richemont North America, Inc. $344,800
8/24 COSL Singapore Ltd $415,350
8/17 American Export Lines $518,063
8/10 IPSA International Services, Inc. $259,200
7/27 CSE Global Limited & CSE TransTel Pte Ltd $12,027,066
7/20 ExxonMobil $2,000,000
6/26 American International Group (AIG) $148,698
6/8 American Honda Finance Corporation $87,255
3/7 ZTE $100,871,266
2/28 United Medical Instruments, Inc. $515,400
2/3 B Whale Corporation *
1/13 Toronto-Dominion Bank (TD Bank) $516,106
1/12 An Individual and the Alliance for Responsible Cuba Policy Foundation $10,000
1/12 Aban Offshore Limited $17,500

FinCEN Enforcement Actions

2021

Date Enforcement Action Against Penalty Amount
8/10 BITMEX $100,000,000
1/15 Capital One, National Association $390,000,000

2020

Date Enforcement Action Against Penalty Amount
10/19 Larry Dean Harmon $60,000,000
4/4 Michael LaFontaine $450,000

2019

Date Enforcement Action Against Penalty Amount
4/18 Eric Powers $35,000

2018

Date Enforcement Action Against Penalty Amount
12/17 UBS Financial Services $14,500,000
5/3 Artichoke Joe’s Casino $8,000,000
2/15 U.S. Bank National Association $185,000,000

2017

Date Enforcement Action Against Penalty Amount
11/17 Artichoke Joe’s Casino $8,000,000
11/1 Lone Star National Bank $2,000,000
7/27 BTC-E aka Canton Business Corporation and Alexander Vinnik $110,003,314 (BTC-E), $12,000,000 (Vinnik)
2/27 Merchants Bank of California $7,000,000
1/19 Western Union Financial Services, Inc. $184,000,000

OFSI Enforcement Actions

2021

Date Enforcement Action Against Penalty Amount
8/5 TransferGo Limited £50,000

2020

Date Enforcement Action Against Penalty Amount
2/18 Standard Chartered Bank £20,471,809.83

2019

Date Enforcement Action Against Penalty Amount
9/9 Telia Carrier UK £146,341
3/8 Travelex (UK) Ltd £10,000
1/21 Raphaels Bank £5,000

FINTRAC Administrative Monetary Penalties

2021

Date Enforcement Action Against Penalty Amount
6/10 Sokhom Ung d/b/a Bureau de change Saint-Michel CAD$33,000
3/29 Les Immeubles Diamant Diamant Inc. CAD$123,915
3/1 Magasin Chateau D’Ivoire Inc. CAD$206,910
2/8 HomeLife Glenayre Realty Chilliwack Ltd. CAD$59,235
1/25 Park Georgia Realty Ltd. CAD$66,742.50
1/5 RE/MAX All-Stars Realty Inc. CAD$31,350

2020

Date Enforcement Action Against Penalty Amount
12/29 C&Z Holdings Ltd. CAD$101,969
7/2 9197-9195 Quebec Inc. CAD$206,250
2/28 Loto-Quebec CAD$147,015

AUSTRAC Civil Penalty Orders

AUSTRAC Infringement Notices

FINMA Enforcement Actions

2020

Date Enforcement Action Against Penalty Amount
10/6 Banca Credinvest CHF 0
2/20 Julius Baer CHF 0

Finanstilsynet Inspection Reports

1 reply

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: