Natural Person OFAC Settlement: $400 (2008)

Last updated: July 20, 2026

One individual settled with OFAC for $400 for an alleged violation of the Iranian Transactions Regulations. OFAC alleged that in June 2006, the individual attempted to purchase electronic gold from Me-Gold Kish Co. in Iran in apparent violation of §§ 560.201, 560.203 and 560.204 of the Iranian Transactions Regulations. The individual did not voluntarily disclose this matter to OFAC.

Penalty Amount

$400.00

Enforcement Date

July 31, 2008

Rank in Top Penalties

#1046

Case Details

Type:: Individual
Name:: Natural Person
Industry:: Individual
Penalty amount:: $400.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: From June 2006
Program:: Iranian Transactions Regulations
Enforcement date:: July 31, 2008

Official Source Documents

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View archived version View on ofac.treasury.gov

Archived on June 13, 2026

SHA-256: 9a048cc59114fab49a6964dff58ef9a4538242cae33bc42fa218648f3a874d3f