Gibson Overseas, Inc. OFAC Settlement: $1.4K (2007)

Last updated: July 20, 2026

Gibson Overseas, Inc. settled allegations of violations of the Iranian Transactions Regulations by remitting $1,357 to OFAC. During January 2006, Gibson used an Iranian vessel to ship goods from China to Dubai, in violation of 31 C.F.R. §560.206, which prohibits transactions or dealings in goods or services of Iranian origin. Gibson did not voluntarily disclose this matter to OFAC.

Penalty Amount

$1,357.00

Enforcement Date

July 6, 2007

Rank in Top Penalties

#909

Case Details

Type:: Entity
Name:: Gibson Overseas, Inc.
Country:: 🇺🇸 United States
Industry:: Trading
Address:: Commerce, CA 90040
Penalty amount:: $1,357.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: From January 2006
Program:: Iranian Transactions Regulations, 31 C.F.R. §560.206
Enforcement date:: July 6, 2007

Official Source Documents

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Archived on June 13, 2026

SHA-256: 602228fdf54c615c676f96dab60f1049824bb9cb4ac5f26945e93142199b3b83