The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a $3,334,286 settlement with Murad, LLC (“Murad”), and a $175,000 settlement with a natural U.S. person (“U.S. Person-1”). Murad agreed to settle its potential civil liability for one apparent violation of OFAC sanctions on Iran arising from an apparent conspiracy to export goods from the United States to Iran between 2009 and 2018. OFAC determined that Murad’s apparent violation was egregious, and voluntarily self-disclosed. U.S. Person-1 separately agreed to settle their potential civil liability for three apparent violations of OFAC’s Iran sanctions that occurred between 2016 and 2017 when U.S. Person-1 appears to have caused Murad to export or reexport consumer goods to Iran and engaged in dealings related to the export or reexport of goods to Iran. OFAC determined that U.S. Person-1’s apparent violations were egregious, and not voluntarily self-disclosed.