A Rising Tide In Export And Sanctions Enforcement

Law360, New York (July 23, 2012, 2:06 PM EDT) -- A few years ago, news items reporting $536 million in forfeitures, $75 million in fines, and multiyear prison sentences for corporate insiders almost certainly would have been recounting major Foreign Corrupt Practices Act or securities laws cases. But today, these are the results of recent criminal cases involving violations of the United States’ export control and economic sanctions laws.

Just last month, ING Bank paid $619 million to settle criminal charges relating to sanctions violations. Since 2007, the United States Department of Justice and other law...
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