Home NEWS WORLD NEWS US Treasury fines California company on violating Iran sanctions

US Treasury fines California company on violating Iran sanctions

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US Treasury fines California company on violating Iran sanctions

The US Treasury Department fined a California based company, Epsilon Electronic, over $4 million for violating Iran sanctions.
This company violated US laws by exporting 39 lists of automobile sound devices and video equipment worth over $3.4 million dollars.
Based on a US Treasury Department statement this company has sent these items to a company that exports most of its items to Iran and has offices in Tehran, Dubai and the UAE.