News

BIS calls out company that intentionally undervalued controlled exports

The Bureau of Industry and Security (“BIS”) has agreed an administrative settlement of $540,000 with a company that created invoices which undervalued its exports of telecomm­unications networking equipment controlled for national security and anti-terrorism reasons that were destined for Russia.

BIS alleged that Mr. Julian Demurjian of San Franciso, CA, through his company CIS Project, caused seven violations of the Export Administration Regulations (“EAR”). According to the BIS investigati...

Continue reading

SUBSCRIBED FEATURES

  • Export Compliance Manager Tackles the issues and challenges that keep trade compliance professionals awake at night... with insight and with solutions.
  • Export Compliance Manager Shares the know-how of experienced professionals, keeping its readers on top of developing best practice in trade compliance AND helping to deliver real commercial advantage.
  • Export Compliance Manager Celebrates the valuable contribution of trade compliance professionals to their companies, communities and to international security.

SUBSCRIBELOGIN