How much does OFAC actually fine companies for violations?

[ratnikov95]

Penalties vary wildly. OFAC can impose up to $330,000+ per violation or twice the transaction value, whichever is higher. But actual penalties depend on many factors: whether it was intentional, if you had compliance programs, transaction size, and if you self-disclosed. I’ve seen cases range from warning letters with no fine to millions of dollars. Companies that self-disclose and cooperate typically get 40-50% reductions. I reviewed actual settlement cases on the website ofacblockedfundslawyers.com and the range is huge. Small businesses have been fined $50k for minor violations while major banks paid $100M+ for systemic failures.