22 May 2025

🚫Analysis of Export Privilege Denial for Sergey Karpushkin

In the Matter of Sergey Karpushkin, 3740 NE 207th Terrace, Miami, FL 33180; Order Denying Export Privileges

Summary ?

The regulatory notice addresses the denial of export privileges to Sergey Karpushkin following his conviction for conspiracy related to purchasing metal products from a sanctioned source. The order stipulates a ten-year prohibition on engaging in export-related activities for Karpushkin and outlines obligations for others regarding trade activities related to him.

Agencies

  • Commerce Department
  • Industry and Security Bureau

Business Impact ?

$$$ - High

The order denies export privileges for Sergey Karpushkin for ten years due to a criminal conviction, influencing stakeholders involved in international trade and compliance with export regulations. Businesses must be cautious regarding interactions with parties associated with Karpushkin to avoid potential legal repercussions.

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