The United States Department of commerce will allow the export of Nvidia semiconductor H200 Chips to China. It is estimated to be twice as powerful as Nvidia's H20 chip, the most advanced AI semiconductor that can legally be exported to China. These powerful chips are a year and...

By Jeffrey A. Newman Esq. based in part on information in an excellent article in today's Wall street Journal https://www.wsj.com/world/china/chinese-forces-battle-dizzying-altitudes-to-expand-military-footprint-c9350bbd?mod=hp_lead_pos10 There is an important article in today's Wall Street Journal which is based on the WSJ's staff review of more than 100 satellite images from BlackSky. BlackSky is...

The Office of Foreign Assets Control (OFAC) has issued a Penalty of $7,139,305
on Gracetown, Inc., a property management company based in New York, for violating
OFAC’s Ukraine-/Russia-Related sanctions and for failing to file reports of blocked assets.
Between April 2018 and May 2020, Gracetown received 24 payments on behalf of a company
ultimately owned by...

By Jeffrey A. Newman Esq. The United Kingdom's tax and customs system "His Majesty's Revenue and Customs (HMRC) has increased its rewards program to whistleblowers whose information leads to the recovery of greater than 1.5 million pounds. Its focus relates to UK's demostic tax evaders. Corruption and non compliance...

CVS Health will pay $37.76 million to settle claims that it dispensed too many insulin pens to patients, and got improper reimbursements from Medicare, Medicaid and other government healthcare programs. CVS CVS allegedly told its pharmacy staff to report the maximum days-of-supply allowed when dispensing full insulin pen cartons, to ensure it could...

By Jeffrey A. Newman The U.S. Government agencies are generally using FedRAMP authorized commercial clous providers to create the datacenters it is using. Defense agencies rely mostly on large hyperscale cloud platforms that hold FedRAMP High or Moderate authorizations and separate government only regions. There isn't a single, public,...

The U.S. department of Justice has announced that an Indonesian jewelry company, its Indonesian co-owner, and two other Indonesian and Italian employees were charged last week with engaging in a scheme to illegally evade more than $86 million in customs duties and tariffs on more than $1.2 billion in jewelry imports into...

By Jeffrey A. Newman Esq. A small insurance company, Wright USA which sells liability insurance to FBI and CIA agents was sold to the Fosun Group in 2015. Concerns over this sale to a Chinese company relates to the fact that the personal details of our nation's secret service...

The Department of Justice has announced that medical device company Aesculap Implant Systems in Pennsylvania has agred to pay $38.5 million to settle allegations under the False Claims act that it sold knee replacement devices that it knew would fail prematurely at higher than acceptable rate resulting in false claims to Medicare...

By Jeffrey Newman Esq. Congressman Keith Self, who is the U.S. representative for Texas' 3rd Congressional District, a military veteran and former judge, has introduced the ECRA Penalty Increase Act which is designed to enhance the enforcement under the Export Control Enforcement Act of 3018 by raising financial penalties...