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Violation Tracker Individual Record

Company: Mondo TV, S.p.a.
Penalty: $538,000
Year: 2024
Date: June 26, 2024
Offense Group: financial offenses
Primary Offense: economic sanction violation
Violation Description: Mondo TV, S.p.a., an animation company headquartered in Rome, Italy, agreed to pay $538,000 to settle its potential civil liability for apparent violations of OFAC sanctions on the Democratic People's Republic of Korea. Between May 2019 and November 2021, Mondo remitted approximately $537,939 to a Government of North Korea-owned studio in payment for outsourced animation work.
Level of Government: federal
Action Type: agency action
Agency: Office of Foreign Assets Control
Civil or Criminal Case: civil
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.