Bank pays massive fine for dealings with Iran and Cuba
June 12th, 2012
02:33 PM ET

Bank pays massive fine for dealings with Iran and Cuba

By Charles Riley

ING Bank has agreed to pay a $619 million penalty for moving billions of dollars through the U.S. financial system at the behest of Cuban and Iranian clients, acts that violated economic sanctions.

In addition, the Dutch bank admitted to falsifying the records of New York financial institutions, according to the Manhattan District Attorney, who was joined by the Department of Justice in announcing Tuesday's settlement.

Read the whole story on CNNMoney

Post by:
Filed under: Cuba • Iran • Sanctions
soundoff (12 Responses)
  1. Dorethea Urueta

    Simply wanna comment that you have a very nice web site , I like the layout it actually stands out.

    March 4, 2021 at 10:13 am | Reply
  2. George Nagamine

    I'm still learning from you, while I'm improving myself. I absolutely liked reading all that is written on your blog.Keep the stories coming. I liked it!

    January 28, 2021 at 10:10 pm | Reply
  3. Harland Yamanoha

    Nice post. I understand some thing more challenging on diverse blogs everyday. It will always be stimulating to read content from other writers and use a little something from their website. I’d would prefer to apply certain together with the content in my small weblog whether you do not mind. Natually I’ll provide a link on your own web blog. Many thanks for sharing.

    January 12, 2021 at 1:12 am | Reply
  4. Caitlyn Tarley

    I consider something truly special in this site.

    January 10, 2021 at 11:34 pm | Reply
  5. youloze

    WOW.. but they knew the price for violating the sanctions..They prolly wont do it again..

    June 12, 2012 at 2:53 pm | Reply
    • Thor

      Yea, don't bend to the will if zionist politicians, or else we will starve your country....

      Shut up you idiot.

      June 12, 2012 at 2:56 pm | Reply
      • Faluja Bahamah Come on Pretty Mamma

        People who say things like this are the ones who make me understand when George W. Bush said "Believe be, it'd be a lot easier if I was a dictator."

        you are ignorant as all hell.

        June 12, 2012 at 4:32 pm |
      • Sir Arthur Conan Doyle, B.A., J.D., S.P.J.

        Raul Castro a Zionist? Seems perfectly reasonable to anyone who has just eaten about a dozen hits of Blotter Acid! Perhaps Himmler, Joseph Goebbels and the Grand Mufti of Jerusalem were Zionists too? It appears the the mental capacity of people who hate Jews has declined dramatically since 1945. Perhaps we shall soon all have to pay to provide them with anti-psychotic medication? Perhaps someone has been spiking the punch-bowls at White-Supremacist Rallies with LSD? Sir Arthur Conan Doyle, B.A., J.D., S.P.J.

        June 24, 2012 at 6:23 pm |
    • andres

      Hmm, depending on the profit made vs the fine, they may damn well do it again.

      June 25, 2012 at 11:54 am | Reply
  6. 2012marandalaw

    Thats a Great Big Fine.The Question is..Are they going to do this Again?..And Again?

    June 12, 2012 at 2:46 pm | Reply
    • andres

      Now that they know how they were caught, they will be much more devious the next time around

      June 25, 2012 at 11:55 am | Reply

Post a comment


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.