Guidant Corporation

Parent Company:
Boston Scientific (USA)
HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:
Between July 2000 and July 2004, involving its vascular intervention and cardiac surgery business units, Guidant acted without an OFAC license or outside the scope of its license by exporting goods for the ultimate resale to Iran and Iraq.
Fine:
Total Fine
$277,017.00
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
$277,017.00
Source:
Treasury, “Enforcement Information For March 2, 2007.”
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