Sunday, November 28, 2021

sanctions

Former University of Miami professor charged with sending equipment to Iran

A former University of Miami professor, his wife and his sister are facing federal charges related to purchasing genetic sequencing equipment from U.S. manufacturers and illegally shipping it to Iran, prosecutors said. Mohammad Faghihi, 52, his wife Farzeneh Modarresi, 53,...

US treasury fines fintech Payoneer $1.4 million over sanctions violations

The US Treasury Department said that Payoneer, a fintech startup founded by Israeli entrepreneurs, has agreed to pay a fine of some $1.4 million as part of a settlement for more than 2,000 apparent sanctions violations, by processing payments for parties...

Ukraine imposed sanctions on Russian officials, legal entities, and assets

Ukraine has placed sanctions on dozens of Russian officials and entities, including businesses and media. President Volodymyr Zelenskiy signed a decree on March 23 targeting 26 foreigners and 81 legal entities, blocking their assets and restricting travel or operations in...

UK imposes sanctions on allies of Syrian President al-Assad

The United Kingdom has announced sanctions on six allies of Syrian President Bashar al-Assad, including his foreign minister and close advisers, saying the move would send a “clear message that they must be held to account for their crimes”. The...

U.S. sanctions Ukrainian tycoon Ihor Kolomoisky over money laundering allegations

The State Department sanctioned one of Ukraine’s most powerful tycoons, Ihor Kolomoisky, as U.S. authorities also pursue a civil case alleging he stole billions of dollars from a Ukrainian bank he once owned and laundered the funds into the...

EU imposed sanctions on top Venezuelan officials over election fraud

EU foreign ministers on Monday imposed sanctions on 19 leading Venezuelan officials accused of undermining democracy or violating human rights in the South American country. The officials — which include high-ranking generals and other army commanders as well as supreme...

Kyrgyz tycoon, wife changed last names after being placed on U.S. Magnitsky sanctions list

The former deputy chief of Kyrgyzstan's Customs Service, Raimbek Matraimov, has changed his last name after being placed on the U.S. Magnitsky sanctions list for his alleged involvement in the illegal funneling of hundreds of millions of dollars abroad. A...

U.S. sanctions Ukraine officials over interference in 2020 election

The Trump administration on Monday slapped sanctions on seven Kremlin-linked individuals and four entities for attempting to interfere in the 2020 U.S. presidential election. The U.S. Treasury Department described the targeted sanctions as the “inner circle” of Ukrainian lawmaker Andrii...

U.S. collects $7m in Iranian assets for victims of terrorism

The US government collected $7m in Iranian assets for victims of state-sponsored “terrorism”, the Justice Department said on Tuesday. The money was the US share of a civil forfeiture that targeted attempts to violate sanctions on Iran with fraudulent transfers of about...

U.S. sanctions Venezuelan judge and prosecutor for roles in the trial of Citgo’s former executives

The United States on Wednesday imposed sanctions on a Venezuelan judge and a prosecutor over their roles in the trial of six former executives of U.S. refiner Citgo sentenced to prison by a Venezuelan court last month. The U.S. Treasury...

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Former CEO of Philly wholesale produce market gets 10 years in prison for $7.8m fraud

The former longtime CEO of the Philadelphia Wholesale Produce Market was sentenced Monday to 10 years and one month...