Córdoba Music Group LLC
Córdoba Music Group LLC, a California-based musical instrument manufacturer, has agreed to pay $41,591 to settle its potential civil liability for apparent violations of U.S. sanctions on Iran. Between November 2019 and March 2022, Córdoba knowingly shipped musical instruments and accessories valued at $118,831 to an Iranian distributor via a Dubai-based intermediary, in violation of the Iranian Transactions and Sanctions Regulations (ITSR). The company failed to recognize that indirect exports to Iran were prohibited under U.S.
