Over the course of several years, PayPal did not adequately screen its transactions for targets of U.S. Proliferation and Trade Sanctions Programs, and processed transactions equaling approximately $43,000 to denied parties. The company failed to properly screen transactions with OFAC-sanctioned companies and persons resulting in violations of trade sanctions against Iran, Sudan, and Cuba as […]
Archive | Voluntary Disclosures
Voluntary Disclosures
At C2I, we support voluntarily disclosing violations of government laws and regulations, and can help your company do its due diligence to determine whether a voluntary disclosure is warranted. If it is, we can help investigate and document the violation to the Government’s satisfaction. Voluntarily disclosing violations is not only the right thing to do, […]