By Jeff Dale2024-06-27T16:56:00
Italy-based Mondo TV agreed to pay $538,000 to settle charges with the Treasury Department’s Office of Foreign Assets Control (OFAC) over 18 apparent violations of North Korea sanctions regulations.
OFAC said in a press release Wednesday that Mondo caused U.S. financial institutions to process nearly $538,000 in payments for animation work it outsourced to a North Korea government-owned animation studio.
The agency acknowledged the apparent violations were non-egregious, but noted the company did not voluntarily disclose the alleged misconduct as an aggravating factor.
2025-01-27T21:00:00Z By Adrianne Appel
Five people, including two Americans, allegedly duped U.S. companies into hiring North Koreans for contract IT work, and funneled millions in U.S. dollars to the sanctioned regime, the Department of Justice said.
2024-11-18T20:43:00Z By Aaron Nicodemus
A subsidiary of MetLife will pay more than $178,000 for violating U.S. sanctions on Iran when it provided insurance policies to entities in the United Arab Emirates owned or controlled by Iran.
2024-07-29T14:41:00Z By Aaron Nicodemus
State Street Bank & Trust Co. will pay a $7.5 million fine to settle allegations by the Treasury Department’s Office of Foreign Assets Control that a subsidiary violated sanctions against Russia.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
2025-10-06T16:46:00Z By Aly McDevitt
A single $33,000 shipment to Iran triggered a six-figure penalty and years of compliance oversight for biotechnology company LuminUltra Technologies, Inc.
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