GovernmentAuctions

1995 Rolls Royce Silver Spur IIIEver wanted to own a luxury car that's usually reserved for royalty and foreign dignitaries? Now you can get the chance at GovernmentAuctions.org. a beautiful 1995 Rolls Royce Silver Spur III now currently available for online auction courtesy of the U.S. Marshals. This handcrafted luxury vehicle comes standard with power windows, power windows, power seats, power door locks, power brakes, cruise control, air conditioning, leather seating, hardtop roof, AM/FM radio, CD changer in the trunk, factory brand stereo, alarm system, premium factory wheels, and just over 31k miles. The vehicle itself is in fantastic aesthetic condition both inside and out, but only requires a new battery in order to be up and running again. The current asking price for this Rolls Royce is just $23,500 with no bids as of yet. The car is currently being held in Las Vegas, and the auction will be ending in just a few short weeks so be sure to activate your 3-day free trial account now.

Wednesday, March 25, 2015

U.S. Treasury Settles With PayPal For $7.6M In Violations Related To Terrorism (NASDAQ: #EBAY)

A settlement was reached and announced today between the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and PayPal for $7,658,300. Both parties agreed to settle civil liabilities for 486 possible violations of:
  • Weapons of Mass Destruction Proliferators Sanctions Regulations, 
  • Iranian Transactions and Sanctions Regulations, 
  • Cuban Assets Control Regulations, 
  • Global Terrorism Sanctions Regulations; and, 
  • Sudanese Sanctions Regulations.
According to the original charges, PayPal failed to adequately screen users for potential involvement in U.S. sanctions targets in its transactions. As a result, PayPal did not reject or block prohibited transactions from October 20, 2009 to April 1, 2013. During this time PayPal processed 136 transactions totaling $7,091.77 to or from an individual on the OFAC’s List of Specially Designated Nationals and Blocked Persons. Even after the company identified the risk, PayPal's Risk Operations Agents dismissed six separate alerts.
You can read about each violation in the original order by clicking on the link below.
Settlement with PayPal, Inc.
GovernmentAuctions

Gerber Pocket KnivesGet ready for summer fishing trips with this assorted lot of 30 Gerber knives. These fine-quality knives are not only perfect for knife enthusiasts, but also for collectors. They’re also ideal for buyers who want to flip the knives individually for a profit. These knives come in an assortment of various sizes, colors, types, models, and conditions. They also include both fine and serrated blades. The knives all appear to be in great shape but an inspection of this auction is still strongly encouraged prior to bidding. The current asking price for this bulk auction is just $137 with 3 online bids already placed and just 2 days, 20 hours, and 36 minutes remaining. To find out more about this deal, simplyactivating your free trial now.