Francisco Industries, Inc. (FRAZ)

[deet49]

apox $2.3B estimated to be collected to date by the OFAC that can be appropriated towards a partial payment for U.S. Certified Claim Holders

“The U.S. government is looking at the feasibility of using the penalty money received from BNP Paribas for violating the embargo to pay the certified claims,” said Pedro Freyre, a Cuban-American attorney with Miami law firm Akerman LLP.

Feinberg estimates that a total of $734 million from the BNP penalties could be used for Cuba-related compensation.
https://www.cubastandard.com/?p=14594

OFAC Sanctions: No Entity Too Small or Too Far for Enforcement
https://www.lexology.com/library/detail.aspx?g=42dbf1c4-12df-4637-9d67-f5dc110b3173

OFAC Enforcement Trends In 2017:
https://www.law360.com/articles/999729/ofac-enforcement-trends-in-2017-exporters-on-notice