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Friday, May 09, 2014

Washington fines Argentinean travel agency for violating Cuba embargo

Washington fines Argentinean travel agency for violating Cuba embargo
Published on May 9, 2014

HAVANA, Cuba (ACN) -- The Argentina-based Decolar.com travel agency has
agreed to pay a $2.8 million fine for transactions that allegedly
violated the US economic, commercial and financial embargo of Cuba.

The US Treasury's Office of Foreign Assets Control (OFAC) announced on
Tuesday that a subsidiary of the company in Delaware agreed to pay the
fine for operations that involved interests of Cuba or of Cuban citizens
between March 2, 2009, and March 31, 2012.

According to the information, the travel agency, also known as
Despegar.com, offered services to 17,834 persons who purchased air
tickets or made hotel reservations in Cuba or in third countries without
the authorization of OFAC.

Source: "Caribbean News Now!: Washington fines Argentinean travel agency
for violating Cuba embargo" -
http://www.caribbeannewsnow.com/topstory-Washington-fines-Argentinean-travel-agency-for-violating-Cuba-embargo-21040.html

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