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Export Privileges Suspended for Man Convicted of Illegally Brokering Defense Articles

Monday, December 16, 2013
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued an order suspending for five years the export privileges of a North Carolina man convicted of knowingly and willfully engaging in the business of brokering activities involving Venezuela in negotiating and arranging contracts, purchases, sales and transfers of C-130 Hercules military transport aircraft, in return for a fee, commission and other consideration, without first registering with the State Department. As a result, until Nov. 16, 2016, neither this man nor anyone on his behalf may directly or indirectly participate in any way in any transaction involving any commodity, software or technology exported or to be exported from the U.S. that is subject to the Export Administration Regulations.

The man also served 12 months in prison, was fined $100 and has been added to State’s debarred list. In addition, BIS is revoking all export licenses in which this man had an interest at the time of his conviction.

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