$7m fine for company breaching US Russia sanctions

5 December 2025

$7m fine for company breaching US Russia sanctionssharpner/Shutterstock.com

The US Office of Foreign Assets Control (OFAC) has published details of an enforcement penalty issued against Gracetown Inc., a property management company in New York, which has been fined $7m for breaching US...

Subscribe for full access Login
Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

More

Footer