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Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Violations of the Iranian Transactions and Sanctions Regulations

Berkshire Hathaway paid the Department of the Treasury’s Office of Foreign Assets Control (OFAC) $4.1 million to settle potential civil liability for 144 apparent violations of the Iranian Transactions and Sanctions Regulations. OFAC alleged that, between December 2012 and January 2016, Berkshire subsidiary Iscar Turkey exported 144 shipments of cutting tools and related inserts with a total value of $383,443 to two third-party Turkish distributors knowing that such goods would be shipped to a distributor in Iran for resale to Iranian end-users.

Misconduct Type
Import/Export
Enforcement Agency
Treasury
Contracting Party
None
Court Type
Administrative
Disposition
Settlement
Date of Violation Notice
10/20/2020
Contractors Involved Penalty
Total
Berkshire Hathaway $4,144,651
Further Information Released
Violation Notice 10/20/2020
Settlement Agreement 8/21/2020

Federal Contractor Misconduct Database