The U.S. Department of State, exercising its regulatory oversight of U.S. companies and individuals engaged in arms brokering and related defense trade activities, has concluded an administrative settlement with a Las Vegas man and his company. Following a compliance review by the Department’s Office of Defense Trade Controls Compliance (DTCC) in the Bureau of Political-Military Affairs, the man and his company agreed to enter into a Consent Agreement to resolve two alleged civil violations of the Arms Export Control Act (AECA) (22 U.S.C. § 2778) and the International Traffic in Arms Regulations (ITAR) (22 C.F.R. Parts 120-130).
Based on its compliance review, DDTC alleged that the man as president of his company, engaged in brokering activities for the proposed transfer of defense articles to Libya, a proscribed destination under the ITAR, despite the Department’s denial of TDG requests for the required prior approval of such activities. The proposal did not result in an actual transfer of defense articles to Libya. The man cooperated with DTCC in its review and proposed administrative settlement of the alleged violations.
To read the entire Department of State Press Release please follow this link: $200K for ITAR Violations
Based on its compliance review, DDTC alleged that the man as president of his company, engaged in brokering activities for the proposed transfer of defense articles to Libya, a proscribed destination under the ITAR, despite the Department’s denial of TDG requests for the required prior approval of such activities. The proposal did not result in an actual transfer of defense articles to Libya. The man cooperated with DTCC in its review and proposed administrative settlement of the alleged violations.
To read the entire Department of State Press Release please follow this link: $200K for ITAR Violations
