BIS SUSPENDS FREIGHT FORWARDER AFTER NONCOMPLIANCE
July 12, 2024
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The U.S. Department of Commerce Bureau of Industry and Security (“BIS”) issued an order against U.S. freight forwarder USGoBuy, LLC (“USGoBuy”) for repeated violations of the Export Administration Regulations. Part of USGoBuy’s business was generated by allowing “foreign customers to purchase commodities from domestic retailers and have them shipped to its facilities for export to their final destinations abroad.” In June of 2021, USGoBuy, entered into a settlement agreement with BIS in which it admitted fault for exporting riflescopes to the People’s Republic of China and the United Arab Emirates without the proper licensing. Under the settlement agreement, USGoBuy was ordered to pay $20,000 in penalties, with $15,000 suspended for three years if it rectified regulatory deficiencies and submitted to external audits. A subsequent audit conducted after the initial order found 176 instances of USGoBuy failing to submit required Electronic Export Information reports. As a result of its continued noncompliance, BIS has issued this order, suspending the “export privileges of USGoBuy, its successors and assigns, for a period of three (3) years.”
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