Iran Violations and Penalties Tracker

UANI's Iran Corporate Penalties Tracker is the only database documenting corporate violations and penalties specifically relating to Iran. It covers more than 500 civil and criminal cases settled by the U.S. Department of Justice and federal agencies. The total monetary amount paid out in fines by companies for Iran violations exceeds $19 billion.

The Tracker highlights the importance for companies to continue to adopt the most rigorous standards of enhanced due diligence (EDD), know your customer (KYC) and know your customer's customer standards (KYCC).

Existing KYC standards are currently used to protect businesses from engaging directly with sanctioned individuals and entities. However, ties to Iranian sanctioned entities may still occur indirectly. In particular, customers' customers may be engaging in questionable or unlawful behaviour, including money laundering, terror financing and sanctions evasion. This leaves a dangerous sanctions gap that should be plugged so sanctions can have their full intended effect.

It also puts companies at significant risk of reputational damage and - as the Tracker indicates - liable for massive financial penalties and even prison time.

Type Company/Individual Country Total Fine Amount Date of Charge Sort descending
Telecommunications AAT Communications USA $30,000
Technology Dell Computer Corporation USA $50,000
Individuals Elham Abrishami USA $ 0
Marketing Summit Marketing, Inc USA $ 0
Aviation Be Aerospace Inc USA $3,010,000
Individuals Hamid Abdol Rashidian USA $10,100
Individuals Henry Joseph Trojack USA $ 0
Technology Gateway 2000, Inc. USA $402,000
Energy EVI, Inc USA $40,000
Automotive Continental A.P. Co. Inc. USA $230,000
Individuals Brevard International Technical Services USA $ 0
Individuals Interlink Computer Technology USA $35,000
Manufacturing Varlan Corporation (and subsidiary Precision Scientific, Inc) USA $10,000
Individuals OTS Refining Equipment Corporation & Tech-Link Development Corporation Canada $7,500
Technology Microtek International Inc. USA $203,125
Automotive Federal Parts International, Inc. USA $250,000
Energy Refinery Industries Inc. USA $22,000
Manufacturing Pars Company, Inc USA $10,000
Industrial Black Sivalls & Bryson (UK) Ltd United Kingdom $532,000
Industrial BS&B Processing Systems Inc USA $86,000
Industrial Black Sivalls & Bryson (UK) Ltd United Kingdom $500,400
Exporter Mercator Inc. USA $18,000
Manufacturing Reweld AG Switzerland $22,000
Manufacturing Oerlikon Schweisstechnik AG Switzerland $33,000
Engineering Randolph Engineering, Inc USA $12,000
Manufacturing Industrial Scientific Corp. USA $30,000
Manufacturing LKC Technologies, Inc USA $2,750
Manufacturing E.H. Wachs Company, Inc USA $244,000
Medical Equipment Bio Check Inc USA $22,500
Financial Institution HSBC Bank USA USA $5,500
Aviation American Airlines USA $2,750
Education The University of California at Los Angeles USA $5,750
Financial Services National City Bank USA $5,500
Manufacturing Dosmatic U.S.A. Inc USA $44,000
Electronics Samsung International, Inc USA $11,000
Financial Institution Bank of America USA $158,038
Manufacturing Metal and Mineral Trade SARL (MMT) Luxembourg $35,000
Electronics Transpo Electronics, Inc. USA $15,500
Medical Equipment Bethyl Laboratories, Inc. USA $4,125
Financial Institution JP Morgan Chase & Co USA $73,281
Financial Services Mellon Investor Services LLC USA $3,673
Financial Institution Bank One USA $6,682
Technology Lahey Computer Systems, Inc. USA $750
Trading First Class Business, Inc. USA $2,500
Trading Arcelor Trading USA (on behalf of Trade Arbed, Inc) USA $5,500
Financial Institution HSBC Equator (USA), Inc. USA $2,750
Technology New Focus Inc USA $200,000
Insurance Metropolitan Life Insurance Company USA $4,591
Financial Institution Central Carolina Bank USA $8,465
Financial Institution UBS AG Switzerland $100,000,000