Samsung-Owned Harman Fined $1.4M For Alleged Iran Sanctions Dodge

Posted 7/9/25

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced a settlement deal topping $1.45 million with Harman International Industries, Inc., a U.S.-based audio and electronics subsidiary of Samsung, to resolve apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR).

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