Epsilon Electronics (d/b/a Power Acoustik Electronics, Sound Stream, Kole Audio and Precision Audio)

HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
August 26, 2008, to May 22, 2012, Epsilon had violated § 560.204 of the ITSR when it issued 39 invoices for sales to Asra International LLC, a/k/a Asra Electronic Trading Co., a company that Epsilon knew or had reason to know that distributed most, if not all, of its products to Iran.
Fine:
Total Fine
$1,500,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$1,500,000.00
Source:
Treasury, “Enforcement Information For September 13, 2018.”
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