Tango Card, Inc

HQ Country of Company:
USA
Agency:
OFAC
Location of Sentencing:
Washington D.C.
Date:
Description:

In total, between September 2016 and September 2021, Tango Card transmitted 27,720 merchant gift cards and promotional debit cards, totaling $386,828.65, to individuals with email or IP addresses associated with Cuba, Iran, Syria, North Korea, or the Crimea region of Ukraine. As a result of the foregoing, Tango Card engaged in apparent violations of part 515; § 560.204 of the Iranian Transactions and Sanctions Regulations (ITSR).

Fine:
Total Fine
$116,048.60
Total Forefeiture
$ 0.00
Total Special Assessment
$ 0.00
Grand Total
116,048.60
Source:
OFAC, "OFAC Settles with Tango Card, Inc. for $116,048.60 Related to Apparent Violations of Multiple Sanctions Programs," 9/30/2022
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