Security News
OFAC’s Settlement with IMG Academy: Sanctions Enforcement Implications for Educational Institutions
UnknownFeb 27, 2026(24 days ago)
IMG Academy settled with OFAC for accepting tuition payments from sanctioned individuals, violating the Kingpin Act.
On February 12, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control announced a $1.72 million settlement with IMG Academy for accepting tuition payments from parents who were sanctioned under the Kingpin Act.... By: Williams Mullen