Friday, June 7, 2019

Case of the Day: United States v. $148,500 of Blocked Funds in the Name of Trans Multi Mechs. Co., 2019 U.S. Dist. LEXIS 55388 (D.D.C. Mar. 29, 2019)


The US government brought forfeiture action against impounded funds that was previously controlled by a Taiwanese national, who was sanctioned for dealing with North Korean entities through his corporations domiciled in Hong Kong. The claimant Taiwanese national appeared pro se, but could not raise a meaningful defense against the government's charges. The court granted the forfeiture action.


Sanction cases are coming in hot and heavy! We are moving toward the world in which national security cases will become the bulk of white collar defense work, as US moves more toward a mercantilist trade policies. It is an area that is worth watching closely.

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