PayPal, Inc. — $7,658,300 OFAC penalty
OFAC published a $7,658,300 civil penalty against PayPal, Inc. on 03/25/2015. It is the #40 largest action in OFAC’s 1,052-entry enforcement chart and #3 of the 15 actions published that year.
The record
| Entity, as published by OFAC | PayPal, Inc. |
|---|---|
| Penalty / settlement amount | $7,658,300 |
| Date published by OFAC | 03/25/2015 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #40 of 1,052 |
| Rank within 2015 | #3 of 15 |
| Share of 2015 penalty total | 1.3% |
| Voluntarily self-disclosed | Yes |
| OFAC egregiousness determination | Non-egregious |
| Sanctions programs named in the release | Iran, Cuba, Sudan, Terrorism, Weapons Proliferation |
Primary source
OFAC enforcement release: 20150325_paypal.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2015 actions
- UBS AG — $1,700,100
- Life For Relief and Development — $780,000
- John Bean Technologies Corporation — $391,950
- Navigators Insurance Company — $271,815
- Great Plains Stainless Co. — $214,000
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