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Fed investigating Amazon for selling goods to suspect on the U.S. terrorism, sanctions list

July 31, 2017  |  Posted by: Francesca Falzarano
Fed investigating Amazon for selling goods to suspect on the U.S. terrorism, sanctions list

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Amazon has revealed that it sold products to an individual on the government’s terrorism watch list and is under federal investigation for possible breaches of U.S. sanctions against Iran.

The Seattle-based company published their quarterly financial report, where it was reported that the firm sold roughly $300 worth of goods to someone on the U.S. government’s list of people associated with terrorism according to Executive Order 13224.

In the July 29th filing, Amazon noted it made other deals that might have violated the Iran Threat Reduction and Syria Human Rights Act.

The Department of the Treasury and Department of Commerce is reviewing the purchases related to Iran and the person named in the executive order, The Daily Mail reported.

The departments could impose penalties against Amazon, and the company said it intends to fully cooperate with authorities.

Amazon’s July 28th disclosure said it sold ‘consumer products’ to an Iranian embassy in an undisclosed country. Those sales happened between January 2012 and June 2017 and are valued at $24,700

Amazon’s disclosure said it sold products to an Iranian embassy in an unidentified country. Those purchases took place between January 2012 and June 2017 and are estimated at $24,700.

The company also sold $8,100 in products to individuals who could have bought them on behalf of five Iranian embassies and $600 in products to people who may have bought them for three groups controlled by the Iranian government.

In a regulatory filing in February, Amazon also added that it sold goods worth $1,300 to a person named in the executive order.

The company did not state whether that person was the same person listed in their July 28th filing.

There were also other purchases that potentially violated U.S. sanctions against Iran.

Those sales included $6,000 worth of goods sold to six Iranian embassies and $2,400 worth of products to a group controlled by the Iranian government between 2012 and 2016.

Amazon said the products included: “books, media, apparel, home and kitchen, jewelry, office, toys, health and beauty, consumer electronics, lawn and patio, and musical instruments.”

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