Search Results for keywords:"U.S. export laws"

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Search Results: keywords:"U.S. export laws"

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  • 2024-31654 — In the Matter of Daniel Ray Lane, Inmate Number: 60019-177, FCI Texarkana, Federal Correctional Institution, P.O. Box 7000, Texarkana, TX 75505; Order Denying Export Privileges
    Type:Notice
    Citation:90 FR 599
    Reading Time:about 5 minutes

    Daniel Ray Lane was convicted of selling sanctioned Iranian oil to China, violating U.S. laws, and sentenced to 45 months in prison. As a consequence, the Bureau of Industry and Security has denied his export privileges for 10 years, effective immediately and lasting until June 11, 2034, and has revoked any licenses he had. The order prohibits Lane, and anyone acting on his behalf, from participating in any transactions involving U.S. exports. Lane has the right to appeal this decision within 45 days.

    Simple Explanation

    Daniel Ray Lane got in trouble for selling oil to China when he wasn’t supposed to. Now, he’s not allowed to deal with sending stuff from the U.S. to other places for a long time.