ENF 16021 (Cautionary Letter)

Date issued: Jan. 31 2012

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TURBOFAC Commentary (50 words)

Notes:

1) Cautionary letter notable in part for its issuance just prior to the five-year statute of limitations for IEEPA-based violations. OFAC will, not infrequently, take many years to close even routine enforcement cases.

2) See the native PDF file for facts surrounding the transactions underlying the letter.