OFAC fines Harman Industries $1.4M for violating U.S. sanctions on Iran
By 
Aaron Nicodemus2025-07-09T14:31:00
A Connecticut-based audio electronics company will pay a $1.4 million fine for violating U.S. sanctions, after middle managers at a foreign subsidiary knowingly diverted the company’s products to Iran.
Harman International Industries self-reported the violations to the Treasury’s Office of Foreign Assets Control (OFAC), which occurred from 2018-20 when its Dubai subsidiary sold about $148,000 worth of goods with the aid of sales team employees based in the U.K., OFAC said in its enforcement release.
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