Treasury Fines Medical Equipment Maker Over Iran Shipment

Law360, New York (April 27, 2012, 5:47 PM EDT) -- The U.S. Department of the Treasury has levied a $126,000 fine on a Colorado manufacturer of medical equipment for illegally delivering therapeutic supplies to Iran, agency officials said Wednesday.

Sandhill Scientific Inc. sent the $6,700 shipment in 2007 through a middleman in Dubai and then engaged in a cover-up, according to Treasury’s Office of Foreign Assets Control.

“Sandhill’s unlicensed export appears to have resulted from willful and reckless conduct in which the company’s management was directly involved,” agency officials said in justifying the six-figure fine. “Sandhill...
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