OFAC and e.l.f Cosmetics reach $996k settlement over N.Korea sanctions violations

Today (31 January), OFAC announced a $996,080 settlement with e.l.f Cosmetics Inc (Oakland, California), to settle its potential civil liability for 156 apparent violations of the North Korea Sanctions Regulations. Specifically, e.l.f Cosmetics Inc is alleged to have imported, between April 2012 and January 2017, 156 shipments of false eyelash kits (total value of $4,427,019.26) from two suppliers located in...

This content is for subscribers only

To continue reading please login or subscribe.

North KoreaNorth Korea United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

See profile for Michael O'Kane >