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OFAC Enforcement Actions in 2008

OFAC published 105 civil penalties and settlements in 2008, totaling $3.5 million, 19% less than the 2007 total of $4.3 million (56 actions). The largest 2008 OFAC penalty was $1.2 million against Minxia Non-Ferrous Metals, Inc. Amounts are OFAC civil penalties only, excluding related DOJ, Federal Reserve, and state resolutions.

  • Total penalties$3.5Mvs 2007: $4.3M
  • Total actions105vs 2007: 56
  • Largest penalty$1.2Mvs 2007: $2M

2008 OFAC Penalties

NameProgramView
10512/31/2008
Premier Agency Inc.Payments
burma
$7,500›
10412/31/2008
Natural PersonIndividual
burma
$7,500›
10312/31/2008
Fidelity National Information Services, successor to Certegy Card ServicesPayments
kingpin
$12,261›
10212/31/2008
Eni Petroleum Co. Inc.Oil & Gas
iran
$6,563›
10111/25/2008
Natural PersonIndividual
iran
$906›
10011/25/2008
Magic USA Tours, Inc.Travel
cuba
$5,250›
9911/25/2008
Iridex CorporationTrading
sudan
$7,500›
9811/25/2008
International Golden Foods, Inc.Food & Beverage
iran
$3,150›
9711/25/2008
Cotech, Inc.Trading
sudan
$6,000›
9611/3/2008
Priceline.com, IncorporatedTravel
cuba
$12,250›
9511/3/2008
Natural PersonIndividual
kingpin
$422›
9411/3/2008
Natural PersonIndividual
narcotics
$3,165›
9311/3/2008
Myers Industries, Inc.Trading
cuba
$16,250›
9211/3/2008
Center for Cross Cultural Study, Inc.Education
cuba
$15,000›
919/29/2008
Tabletops Unlimited, Inc.Trading
iran
$1,000›
909/29/2008
Ritz Camera Centers, Inc.Retail & Luxury
burma
$500›
899/29/2008
Natural PersonIndividual
cuba
$500›
889/29/2008
Natural PersonIndividual
cuba
$6,057›
879/29/2008
LI-COR, Inc.Hardware & Electronics
iran
$2,315›
869/29/2008
Como Design, Inc.Consulting
narcotics
$5,980›
859/29/2008
Agoda Company, Pte Ltd.Travel
cuba
$6,750›
848/28/2008
WSR CorporationTrading
iran
$1,025›
838/28/2008
Wire Pro IncorporatedPayments
iran
$2,933›
828/28/2008
Pala International Inc.Trading
burma
$846›
818/28/2008
Natural PersonIndividual
cuba
$952›
808/28/2008
Natural PersonIndividual
cuba
$1,000›
798/28/2008
Natural PersonIndividual
iran
$550›
788/28/2008
HM Digital, Inc.Hardware & Electronics
iran
$2,662›
778/28/2008
Environmental Systems Research Institute, Inc.Software
iran
$4,120›
768/28/2008
Aerovacations, Inc.Travel
cuba
$1,761›
758/28/2008
8e6 TechnologiesSoftware
iran
$3,300›
747/31/2008
Tours International AmericaTravel
cuba
$2,500›
737/31/2008
Natural PersonIndividual
cuba
$395›
727/31/2008
Natural PersonIndividual
iran
$400›
717/31/2008
Natural PersonIndividual
burma
$562›
707/31/2008
Natural PersonIndividual
cuba
$650›
697/31/2008
Natural PersonIndividual
cuba
$700›
687/31/2008
Natural PersonIndividual
iran
$840›
677/31/2008
Natural PersonIndividual
cuba
$1,682›
667/31/2008
Natural PersonIndividual
cuba
$1,225›
657/31/2008
Natural PersonIndividual
cuba
$3,250›
647/31/2008
Natural PersonIndividual
cuba
$4,352›
637/31/2008
Minxia Non-Ferrous Metals, Inc.Trading
cuba
$1,198,000›
627/31/2008
Logysis, Inc.Logistics
iran
$2,750›
617/31/2008
Geico CorporationInsurance
liberia
$1,086›
607/31/2008
Gate Gourmet, Inc.Food & Beverage
cuba
$581,902›
597/31/2008
Concord Camera Corp.Hardware & Electronics
cuba
$12,000›
587/31/2008
Allied International CorporationTrading
iran
$4,455›
577/31/2008
Aetna Life Insurance CompanyInsurance
cuba
$5,210›
567/31/2008
A.G. Edwards and Sons Inc.Securities
narcotics
$122,358›
556/20/2008
Z.A.S. InternationalTrading
iran
$1,320›
546/20/2008
United Radio, Inc. d/b/a BlueStarHardware & Electronics
cuba
$67,574›
536/20/2008
Spirit Airlines, Inc.Aviation
cuba
$100,000›
526/20/2008
Sonida International, Inc.Travel
cuba
$2,040›
516/20/2008
Natural PersonIndividual
cuba
$810›
506/20/2008
Natural PersonIndividual
cuba
$390›
496/20/2008
Natural PersonIndividual
cuba
$500›
486/20/2008
Natural PersonIndividual
cuba
$1,000›
476/20/2008
FRP Services & Co. (America), Inc.Trading
iran
$12,500›
466/20/2008
Data Systems CompanyTrading
iran
$1,328›
456/20/2008
Confi-Dental Products, Co.Healthcare
iran
$5,500›
445/29/2008
York International CorporationMachinery & Equipment
iraniraq+1
$669,507›
435/29/2008
The Newman Group Computer Services Corp.Software
sudan
$2,414›
425/29/2008
Natural PersonIndividual
cuba
$563›
415/29/2008
Natural PersonIndividual
cuba
$830›
405/29/2008
Natural PersonIndividual
cuba
$1,014›
395/29/2008
Natural PersonIndividual
cuba
$5,426›
385/29/2008
Knight Industries and Associates, Inc.Machinery & Equipment
iran
$17,470›
375/29/2008
Journey Corp. Travel ManagementTravel
cuba
$1,875›
365/29/2008
Jor Creek EnterprisesTrading
liberia
$1,086›
355/29/2008
International Transports Solutions, Inc.Logistics
liberia
$2,700›
345/29/2008
Natural PersonIndividual
cuba
$1,000›
335/29/2008
Engineering Dynamics Inc.Software
iran
$132,791›
324/11/2008
United Advantage Northwest Federal Credit Union, successor to Advantage Northwest Federal Credit UnionBanking
cuba
$2,970›
314/11/2008
Natural PersonIndividual
cuba
$400›
304/11/2008
Natural PersonIndividual
cuba
$411›
294/11/2008
Natural PersonIndividual
cuba
$1,087›
284/11/2008
Natural PersonIndividual
iran
$2,750›
274/11/2008
Morgan StanleySecurities
narcotics
$3,162›
264/11/2008
Mahdavi's A&A Rug CompanyRetail & Luxury
iran
$9,240›
254/11/2008
Good Hope International, Inc.Trading
iran
$900›
243/14/2008
Natural PersonIndividual
cuba
$283›
233/14/2008
Natural PersonIndividual
cuba
$1,063›
223/14/2008
Natural PersonIndividual
cuba
$6,000›
213/14/2008
Citigroup, N.A.Banking
cuba
$16,250›
203/14/2008
Bank of America, N.A. on behalf of Fleet National BankBanking
libya
$1,338›
193/14/2008
America Servi Express, Inc.Payments
narcotics
$2,465›
182/22/2008
RMO, Inc.Travel
cuba
$941›
172/22/2008
Natural PersonIndividual
cuba
$1,083›
162/22/2008
Natural PersonIndividual
cuba
$358›
152/22/2008
Natural PersonIndividual
cuba
$5,213›
142/22/2008
Natural PersonIndividual
cuba
$457›
132/22/2008
Natural PersonIndividual
cuba
$1,000›
122/22/2008
Natural PersonIndividual
cuba
$2,127›
112/22/2008
La Salle Bank Midwest, N.A. on the behalf of Standard Federal BankBanking
iran
$5,500›
102/22/2008
Key Bank National AssociationBanking
iran
$200,000›
92/22/2008
Buehler Ltd.Machinery & Equipment
iran
$20,000›
82/22/2008
BankAtlanticBanking
cuba
$7,500›
71/11/2008
Zimmer Dental Inc.Healthcare
iran
$82,850›
61/11/2008
Voipescrow, Inc.Telecom
iran
$750›
51/11/2008
Millipore Corporation, Inc.Healthcare
iran
$1,000›
41/11/2008
Medcraft Industries, Inc.Trading
iran
$3,000›
31/11/2008
Diversified Business CommunicationsMedia
iran
$5,500›
21/11/2008
Colonial Navigation Co., Inc.Shipping
iran
$6,000›
11/11/2008
BB&TBanking
terrorism
$10,000›

2008 OFAC Enforcement by the Numbers

OFAC resolved 83 of its 105 enforcement actions in 2008 through settlements and issued 22 penalty notices. The median penalty was $2,662. Enforcement was concentrated in the first half of the year, with 55 actions in the first half and 50 in the second, including 31 in the second quarter.

Cuba-related sanctions were cited in 51 of the 105 actions, Iran in 34, Burma and Narcotics in 5 each, Sudan in 4, and Liberia in 3. Trading accounted for 14 actions, and travel accounted for 8 actions, banking accounted for 7 actions, hardware & electronics, payments, and software for 4 each. 64 actions targeted companies and 41 targeted individuals.

By total penalties, 2008 ranks 3rd of the 6 years in this database, and 3rd by number of actions.

OFAC Enforcement Actions by Year

20269 actions$296M202514 actions$266M202412 actions$48.8M202317 actions$1.54B202216 actions$42.7M202120 actions$20.9M202016 actions$23.6M201926 actions$1.29B20188 actions$71.5M201717 actions$120M20169 actions$21.6M201515 actions$600M201423 actions$1.17B201327 actions$137M201216 actions$1.14B201121 actions$91.7M201027 actions$201M200927 actions$772M2008105 actions$3.5M200756 actions$4.3M200635 actions$40.7M200592 actions$1.4M2004241 actions$3.4M2003225 actions$3.5M