Varel Holdings, Inc. — $110,000 OFAC penalty
OFAC published a $110,000 civil penalty against Varel Holdings, Inc. on 04/30/2009. It is the #229 largest action in OFAC’s 1,052-entry enforcement chart and #9 of the 27 actions published that year.
The record
| Entity, as published by OFAC | Varel Holdings, Inc. |
|---|---|
| Penalty / settlement amount | $110,000 |
| Date published by OFAC | 04/30/2009 |
| Aggregate penalties, settlements or findings | 1 |
| Rank among all published OFAC actions | #229 of 1,052 |
| Rank within 2009 | #9 of 27 |
| Share of 2009 penalty total | 0.0% |
Primary source
OFAC enforcement release: 04302009.pdf. This page adds no facts beyond that document and OFAC’s published penalty chart.
Comparable 2009 actions
- Philips Electronics of North America Corporation — $128,750
- Barwil Agencies NA, Inc. — $84,000
- National Marine Consultants, Inc. — $42,075
- Casa de Cambio Delgado, Inc. — $40,160.46
- Liberty International Holdings Inc. — $35,211.75
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