The Treasury Department reports that U.S. citizens have lost more than $16.6 billion in online investment scams in recent years. The U.S. Department of the Treasury’s Office of…
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U.S. Treasury Targets Networks Supporting Iran-Backed Militias in Iraq
OFAC sanctions individuals and companies accused of aiding Iran’s Revolutionary Guard and affiliated groups through financial and weapons networks. The U.S. Treasury Department’s Office of Foreign Assets Control…
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U.S. Sanctions IT Worker Network Funding North Korean Weapons Program
The clandestine network sought to evade existing sanctions against the Democratic People’s Republic of Korea. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the Korea…
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Treasury Sanctions 30 Iranian Entities Engaged in “Shadow Banking”
The department stated the individuals and companies work to finance nuclear missile programs The Treasury Department’s Office of Foreign Assets Control (OFAC) recently sanctioned 30 more entities that…
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Treasury Department Blacklists Human-Smuggling Cartel Leader
The individual is a key leader of a Guatemala-based transnational criminal organization. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Jumilca…
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Legislators Concerned over Foreign Companies Purchases of U.S. Farmland
Proximity to military bases raises concerns about national security and domestic food security. The Government Accountability Office (GAO) released a report last month regarding a pattern of Chinese…
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Treasury Sanctions Those with Ties to Counterfeit Drug Trade
Treasury Department partnered with Mexican law enforcement to identify 17 entities. The Department of the Treasury has sanctioned 17 individuals and entities based in China and Mexico for…
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Treasury Sanctions Mexican Cartels for Time-Share Fraud
Scam proceeds financed fentanyl trafficking. The Office of Foreign Assets Control in the Department of the Treasury sanctioned eight Mexican companies and three members of the Jalisco Cartel…
Read MoreOFAC Sanctions Companies Linked to Iranian Oil
Fifth round of designations against Iranian petroleum trade. The Office of Foreign Assets Control at the Department of the Treasury recently sanctioned 13 companies for their facilitation in…
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Treasury Department Sanctions Ties to Iranian Suppliers
International company network concealing origins of petroleum shipments. The Office of Foreign Assets Control (OFAC) at the Department of the Treasury has sanctioned an international group of countries…
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