FOUND: Office of foreign assets control - What They Never Told You

US Treasury cracks down on Iran-linked money networks, sanctions Canadian firms

The US Treasury Department has imposed financial sanctions on eight money services firms based in Canada, alleging that they facilitated transactions with sanctioned Iranian entities.

The Times of India · Nov 6

US slaps sanctions on Indian, Turkish firms and people for aiding Iran

The sanctions are part of the Trump administration's "Operation Economic Outcast," which aims to cut off Iran's ability to sell oil to fund the war with the US and Israel. Treasury unveiled the new sanctions a day after Democrats made huge gains in midterm elections, winning control of both houses…

The Economic Times · Nov 4

Bank of America Hit With a $1.2 Billion Penalty: What Regulators Say Went Wrong

A bank can flag a suspicious transaction, investigate it, and alert federal authorities. But what happens when the system designed to catch financial crime fails to do its job? Bank of America now faces a $1.2 billion penalty from the federal government after regulators identified serious failures in its anti-money…

The Free Financial Advisor · Oct 25

Trump Waives Russia Sanctions to Flood Global Diesel Markets: What Zelensky Says Comes Next

Trump struck a diesel deal with Putin, waiving U.S. sanctions through April 2027. Zelensky warned Russia will "repay the diesel with terror." Here's what it means.

Latin Times · Oct 10

Man Offers To Buy Car With Cash. Then He Realizes The Dealership Has A 'Hidden Agenda'—And Threatens Him

“I walked out of a dealership because of this.”

Motor1 · Aug 24

Trump Has 'Promised' to Remove Colombian President Petro From US Sanctions List After Apparently Not Knowing He Was On it

Colombian President Gustavo Petro said Friday that President Donald Trump promised to act on removing Petro and his family from the U.S. Treasury’s Office of Foreign Assets Control sanctions list, commonly known as the Clinton List.

Benzinga · Jul 4

Why was HasanAbi subpoenaed by the US Treasury? Cuba trip controversy explained

Hasan Piker is facing federal scrutiny after the U.S. Treasury’s Office of Foreign Assets Control reportedly issued subpoenas connected to his March 2026 Cuba trip. Authorities are investigating whether participants violated U.S. sanctions laws through financial or travel-related activities involving Cuban government-linked entities. HasanAbi denied wrongdoing, saying, “we stayed at…

The Times of India · May 25

Clan del Golfo Is Latest Latin American Drug Cartel Designated a Terrorist Organization by the U.S.

The U.S. Treasury Department said the group will also be added to the Office of Foreign Assets Control's sanctions list, freezing any assets under U.S. jurisdiction, barring financial dealings

Latin Times · Dec 16, 2025

U.S. Sanctions 12 Companies Linked to 'Los Chapitos' for Alleged Role In Fentanyl Trade

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced new sanctions targeting eight Mexican nationals and 12 Mexican companies allegedly linked to Los Chapitos, a faction of the Sinaloa Cartel battling for control of the drug trafficking organization in northern Mexico.

Latin Times · Oct 6, 2025

Lebanon's Central Bank Freezes Accounts of Foreign Trade Exchanger

Lebanon's Central Bank froze the accounts of foreign trade exchanger Hassan Moukalled and his two sons, Rayan and Rani, two days after the United States imposed sanctions on them. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) designated Moukalled, his sons, and his money service business,…

Asharq Al-Awsat · Jan 27, 2023