Nasdaq |
eBays PayPal to Pay $7.7M for Violating Treasury Sanctions
Zacks.com PayPal, owned by eBay Inc. (EBAY – Analyst Report), has agreed to pay $7.7 million to settle the charges by the U.S. Treasury because it overlooked U.S. sanctions on people and entities related to Iran, Cuba and Sudan. According to the charges against … Financial Sector Update for 03/26/2015: EBAY, LYG PayPal Is Trying to Keep Up With Revolution in Mobile Payments eBay's (EBAY) PayPal, Treasury Dept. Enter Settlement Over Trade Sanctions … |
More: continued here
