California recycler fined for alleged business with Cuba

Feb 27, 2013 | 01:01 PM | Lisa Gordon

Tags  scrap metal, OFAC, Tung Tai Group, Cuba, Lisa Gordon

PITTSBURGH — Tung Tai Group Inc. has agreed to pay a $43,875 civil penalty for allegedly sourcing scrap metal from Cuba.

The San Jose, Calif.-based recycler was accused of violating the Cuban Assets Control Regulations in 2010, when it allegedly contracted to buy and sell Cuban scrap metal. The contracts were not disclosed to the U.S. Treasury Department’s....

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