BIS Announces Enforcement Settlements
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) has recently announced the settlement of two enforcement actions.
In the first matter, BIS imposed a civil penalty of $180,000 on Future Metals, Inc. of Tamarac, Florida to settle charges that it violated the Export Administration Regulations on 40 occasions by exporting aluminum bars and stainless steel sheets and tubes to India without the required export licenses.
In the second case, BIS assessed Omega Engineering Inc., of Stamford, Connecticut, $187,000 in civil penalties to settle charges that it illegally exported laboratory equipment to Pakistan. In addition, Omega and its Vice President, Ralph Michel, will have their export privileges to Pakistan denied for five years. Omega and Michel had previously been found guilty of criminal charges stemming from similar violations of the International Emergency Economic Powers Act and the Export Administration Regulations. Michel was sentenced to 10 months of prison, followed by three years of supervised probation, in addition to $50,000 in penalties. Omega Engineering was assessed $313,000 in criminal penalties, placed on corporate probation for five years, and was required to implement an export compliance program.