Rob Sequin | Havana Journal
ENTITIES – 31 CFR 501.805(d)(1)(i)
Priceline.com, Incorporated Settles Cuban Assets Control Regulations Allegations:
Priceline.com, Incorporated, Norwalk, CT (“Priceline”), has remitted $12,250.00 to settle allegations of violations of the Cuban Assets Control Regulations occurring between September 2004 and November 2007. OFAC alleged that foreign subsidiaries of Priceline provided travel-related services in which Cuba or Cuban nationals had an interest by arranging hotel reservations for Cuban nationals without an OFAC license. Priceline voluntarily disclosed this matter to OFAC.
Center for Cross Cultural Study, Inc. Settles Cuban Embargo Program Allegations:
Center for Cross Cultural Study, Inc. (“CC-CS”), Amherst, MA has remitted $15,000.00 to settle allegations of violations of the Cuban Assets Control Regulations occurring during the period March 2003 – January 2004. The alleged violations relate to CC-CS’s transfer of funds to Cuba in connection with its operation of semester abroad programs on behalf of various licensed U.S. colleges and universities. CC-CS did not voluntarily disclose this matter to OFAC.
Myers Industries, Inc. Settles Cuban Assets Control Regulations Allegations:
Myers Industries, Inc. (“Myers”), Akron, OH has remitted $16,250.00 to settle allegations of a violation of the Cuban Assets Control Regulations. OFAC alleged that in April 2004, a foreign subsidiary of Meyers made an unlicensed sale of goods in which Cuba or a Cuban national had an interest. Myers voluntarily disclosed this matter to OFAC.
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