OFAC Penalizes CWT B.V. for Travel Services Violations of Cuba Sanctions
The Treasury Department’s Office of Foreign Assets Control (OFAC) settled a potential civil liability case with CWT B.V. for alleged violations of the Cuban Assets Control Regulations. OFAC penalized the company $5,990,490 for travel services infractions that took place from…
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2006 to 2012. The infractions also violated the Trading With the Enemy Act, according to OFAC.