ADCO Sales, Inc. Agrees to Pay Civil Penalty For Violations of the Export Administration Regulations
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) announced today that ADCO Sales, Inc. (ADCO) of Woburn, Massachusetts agreed to pay a $2,000 civil penalty to settle charges that it exported optical sighting devices for firearms in violation of the Export Administration Regulations. Optical sighting devices for firearms are classifed as ECCN OA987 on the Commerce Control List.
In its charging letter, BIS alleged that ADCO exported optical sighting devices on four occasions between October 1998 and May 1999 to Hong Kong, Switzerland, and Israel without the required export licenses.
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