OFAC enforcement actions in 2018
OFAC published 7 civil penalties, settlements and findings of violation in 2018, totalling $71,510,561. The largest was Société Générale S.A. at $53,966,916 on 11/19/2018.
7actions in 2018
$71.51Mtotal penalties
$53.97Mlargest action
$2.77Mmedian action
OFAC published 7 actions in 2018 totalling $71,510,561, against 16 actions totalling $119,527,845 in 2017 — a fall of 40% in total penalties.
Every 2018 OFAC enforcement action
| Date | Entity | Violations | Penalty (USD) |
|---|---|---|---|
| 06/06/2018 | Ericsson, Inc. and Ericsson AB ↗ | 1 | $145,893 |
| 09/13/2018 | Epsilon Electronics, Inc. ↗ | 1 | $1,500,000 |
| 10/05/2018 | JPMorgan Chase Bank, N.A. ↗ | 1 | $5,263,171 |
| 11/19/2018 | Société Générale S.A. ↗ | 1 | $53,966,916 |
| 11/27/2018 | Cobham Holdings, Inc. ↗ | 1 | $87,507 |
| 12/12/2018 | Yantai Jereh Oilfield Services Group Co., Ltd. ↗ | 1 | $2,774,972 |
| 12/20/2018 | Zoltek Companies, Inc. ↗ | 1 | $7,772,102 |
“Violations” is OFAC’s aggregate count of penalties, settlements or findings of violation for that entry. ↗ opens OFAC’s enforcement release.
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