Florida Electronics Company Settles BIS Enforcement Case Involving Exports to Russia for $170,000
The Commerce Department's Bureau of Industry and Security (BIS) announced that America II Electronics, Inc., an electronics wholesaler based in St. Petersburg, Florida, agreed to pay a $170,000 ($42,500 per violation) civil penalty to settle allegations that it exported certain electronic components from the U.S. to Russia in violation of the Export Administration Regulations.
BIS alleged that on four occasions in 2003 and 2004 American II exported analog-to-digital converters, classified under ECCN 3A001, from the U.S. to Russia without the required export licenses.
This is the eighth administrative penalty case brought by BIS under IEEPA Enhancement Act that went into place nearly a year ago. The IEEPA Enhancement Act raised the maximum civil penalty from $50,000 per violation to the greater of $250,000 or twice the amount of the transaction that is the basis of the violation.
The proposed Charging Letter, Settlement Agreement and Order in this case can be found here (pdf).