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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 Cuban Assets Control Regulations

Philips Electronics of North America paid $128,750 to settle allegations of violating the Cuban Assets Control Regulations between June 2004 and March 2006. The Office of Foreign Assets Control (OFAC) alleged that Philips acted without an OFAC license through an employee’s travel to Cuba in connection with the sale of medical equipment.

Misconduct Type
Import/Export
Enforcement Agency
Treasury
Contracting Party
None
Court Type
N/A
Disposition
Fine
Date of Fine Announcement
7/1/2009
Contractors Involved Penalty
Total
Philips $128,750
Further Information Released
OFAC Enforcement Bulletin 7/1/2009

Federal Contractor Misconduct Database