Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: PayPal Inc.
Current Parent Company: PayPal Holdings
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $7,658,300
Year: 2015
Date: March 25, 2015
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: The U.S. Department of the Treasury's Office of Foreign Assets Control announced a $7,658,300 settlement with PayPal, Inc. to settle potential civil liability for 486 apparent violations of the Weapons of Mass Destruction Proliferators Sanctions Regulations, the Iranian Transactions and Sanctions Regulations, the Cuban Assets Control Regulations, the Global Terrorism Sanctions Regulations, and the Sudanese Sanctions Regulations.
Level of Government: federal
Action Type: agency action
Agency: Office of Foreign Assets Control
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: online payments
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.