$275,000 Penalty for Unlicensed Exports of Optical Sighting Devices
The Bureau of Industry and Security has announced an agreement under which a New York company will pay a $275,000 civil penalty to settle charges that it committed 50 violations of the Export Administration Regulations. BIS alleged that between March 2009 and November 2012 the company exported optical sighting devices to Russia, Kazakhstan, Hong Kong, Saudi Arabia and South Africa without the required export licenses. These items are classified under Export Control Classification Number 0A987 and controlled for crime control reasons and therefore require a DOC license before they can be exported to each of the destinations at issue.
BIS notes that if the company fails to pay the penalty in a timely manner its export privileges may be suspended for a year.