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 Sort descending Country Total Fine Amount Date of Charge
Industrial Flowserve GV Ltd United Kingdom $405,000
Industrial Flowserve Hamburg GmbH Germany $125,000
Industrial Flowserve Pompes SAS France $135,000
Industrial Flowserve Spain SL Spain $20,000
Aviation Fokker Services B.V. Netherlands $148,698
Individuals Fortis Data Systems (FDS) & Greencloud LLC USA $498,706
Financial Services FRP Services & Co (America), Inc. USA $12,500
Maritime Fugro Seafloor Surveys, Inc USA $38,035
Maritime GAC Shipping (USA), Inc. USA $157,500
Aviation Galaxy Aviation Services USA $167,040
Engineering GasTech Engineering USA $83,000
Technology Gateway 2000, Inc. USA $402,000
Technology Gatwick LLC United Arab Emirates $40,000
Medical Equipment GE Ultrasound and Primary Care Diagnostics LLC USA $84,200
Transportation Gebruder Weiss Ges.m.b.H Austria $6,000
Insurance General Reinsurance Corporation (Gen Re) USA $59,130
Investment Manager Genesis Asset Managers LLP (GAM US) USA $112,500
Individuals George Frank Myles Jr USA $ 0
Individuals Georgia Petrochemical Georgia $ 0
Manufacturing Ghare Sabz Company (a/k/a GHS Technology) Iran $200,100
Manufacturing Ghare Sabz Company (a/k/a GHS Technology) Iran $500,100
Individuals Ghare Sabz Company (a/k/a GHS Technology) Iran $50,100
Maritime Gibson Overseas, Inc. USA $1,357
Individuals Glasgow International LLC United Arab Emirates $ 0
Individuals Global Metallurgy LLC USA $7,100
Transportation Go-Trans (North American) Inc., USA $34,000
E-Commerce Gold & Silver Reserve, Inc (GSR) USA $2,950,000
Individuals Golden Gate International, LLC USA $ 200
Individuals Golsad Istanbul Trading Ltd Turkey $ 0
Manufacturing Gondrand AG Switzerland $25,500
Charity Good Hope International, Inc (GHI) USA $900
Trading Grand Resources USA, Inc. (GR-Duratech) USA $402,000
Individuals Green Wave Technology Malaysia $100
Individuals Green Wave Technology Malaysia $100
Financial Institution Guaranty Bank USA $5,000
Medical Equipment Guidant Corporation USA $277,017
Manufacturing GWC Valve International Inc USA $710,833
Individuals Halkbank Turkey $ 0
Individuals Halkbank Turkey $ 0
Individuals Hamid Abdol Rashidian USA $10,100
Individuals Hamid Reza Hashemi Turkey $100
Financial Institution Hanmi Bank USA $7,000
Individuals Hassan Ali Moshir-Fatemi USA $50,100
Individuals Hassan Zafari (a/k/a Sam Zafari) USA $52,500
Insurance HCC Insurance Holdings, Inc. USA $38,448
Legal Healy and Baillie LLP USA $1,000
Individuals Henry Joseph Trojack USA $ 0
Medical Equipment Henry Schein, Inc USA $165,000
Manufacturing Hetran, Inc. USA $837,600
Engineering HM Digital, Inc. USA $2,662