By
Adrianne Appel2026-02-13T22:08:00
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.
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2026-02-12T17:45:00Z By Adrianne Appel
The U.S. Department of the Treasury’s Office of Foreign Assets Control has created an online voluntary self-disclosure system to encourage more people to self-report possible sanctions violations.
2025-12-03T17:18:00Z By Adrianne Appel
A San Francisco-based private equity firm has agreed to pay $11.4 million to settle allegations it violated U.S. sanctions rules by handling investments for a sanctioned Russian oligarch.
2025-11-21T18:25:00Z By Adrianne Appel
Two Russian web-hosting services that provide cover for ransomware operators, including Lockbit, have been sanctioned by the U.S. Treasury’s OFAC and international partners.
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Financial services company Canaccord has been hit with an $80 million penalty by the U.S. Treasury’s Financial Crimes Enforcement Network (FInCEN)–the largest FinCEN penalty against a broker-dealer in its history.
2026-03-04T21:21:00Z By Adrianne Appel
Walmart has agreed to pay $100 million to settle allegations that it deceived delivery drivers about their pay and tips, the Federal Trade Commission announced.
2026-03-03T20:03:00Z By Adrianne Appel
A former co-owner of two telemedicine companies who helped orchestrate $136 million in Medicare fraud was sentenced to seven years in prison for his role in the nationwide bribery and kickback scheme involving orthotic braces, doctors, and false claims.
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