True, the IH/Rossi contrace is contingent upon te certification of the customer. It would be stupid to misrepresent this certication, but anything is possible if improbable. Such misrepresentation is a criminal offence.
*How much are the fines for violating these regulations?* The fines for violations can be substantial. Depending on the program, criminal penalties for willful violations can include fines ranging up to $20 million and imprisonment of up to 30 years. Civil penalties for violations of the Trading With the Enemy Act can range up to $65,000 for each violation. Civil penalties for violations of the International Emergency Economic Powers Act can range up to $250,000 or twice the amount of the underlying transaction for each violation. Civil penalties for violations of the Foreign Narcotics Kingpin Designation Act can range up to $1,075,000 for each violation. [10-08-13] On Sun, Aug 28, 2016 at 11:41 PM, Eric Walker <[email protected]> wrote: > On Sun, Aug 28, 2016 at 9:35 PM, Axil Axil <[email protected]> wrote: > > How could a fraudulent company pass through the OFAC certication process? >> > > How could one conclude that JM obtained OFAC certification? We go through > this again. > > Eric > >
