Epsilon Electronics, Inc

HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
From on or about August 26, 2008, to on or about May 22, 2012, Epsilon issued 39 invoices for car audio and video equipment, valued at $3,407,491, which was shipped to a company that reexports most, if not all, of its products to Iran and has offices in Tehran, Iran, and Dubai, the U.A.E. Epsilon knew or had reason to know that such goods were intended specifically for supply, transshipment, or reexportation, directly or indirectly to Iran.
Fine:
Total Fine
$4,073,000.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$4,073,000.00
Source:
Treasury, “Enforcement Information for July 24, 2014.”
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