On Tuesday, May 23, 2017 a woman with a rented office in Pomona California was arrested on federal charges that accuse her of conspiring to procure and illegally export sensitive space communications technology to her native China.
Read the full DoJ News Release here: https://www.justice.gov/usao-cdca/pr/pomona-woman-arrested-federal-charges-allege-scheme-smuggle-restricted-space
How did this person acquire devices that are commonly used in space communications valued at more than a $100,000 without raising any RED FLAGS?
I would assume that an investigation will include the entire supply chain.
Does your company have the processes to assure that you know your customer? If not, read what the BIS suggests about knowing your customer and Red Flags: https://www.bis.doc.gov/index.php/enforcement/oee/23-compliance-a-training/47-know-your-customer-guidance
If after reading this you are unsure about implementation or need additional training, contact Aerospace Exports Incorporated.
AEROSPACE EXPORTS INCORPORATED (AEI) IS ABOUT COMPLIANCE
If your organization is new to export regulations such as the International Traffic In Arms Regulations (ITAR), the Export Administration Regulations (EAR), or the Foreign Trade Regulations (FTR) and need help with compliance and don’t know where to begin, AEI can help.
Our virtual compliance specialist program allows our clients to have access to a compliance expert for a fraction of the cost as compared with hiring a full time compliance officer.
If you would like to find out more, send an email to email@example.com