A Florida school has agreed to pay more than $1.7 million for enrolling children whose parents had been sanctioned by the U.S. for their ties to Mexican drug cartels, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) said.

IMG Academy, a boarding school for international student athletes in Bradenton, Fla., allegedly enrolled the two students, whose parents had been sanctioned under the Foreign Narcotics Kingpin Designation Act, between 2018 to 2022, according to a Feb. 12 OFAC enforcement release.

Adrianne Appel writes regulatory news, policy, and trends for Compliance Week. She previously reported about policy developments for Bloomberg Law and Bloomberg Government. Email: adrianne.appel@complianceweek.com LinkedIn:...