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 China that contained materials sourced by those suppliers from North Korea. See OFAC Notice and US Treasury Enforcement Information.
Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...See profile for Michael O'Kane >