Michael Rose

Michael Rose, president of Forsythe Cosmetics Group LLC, is accused of skirting US sanctions between 2015 and 2018 by arranging for the export from the United States to Iran of more than $350,000 worth of cosmetics, prosecutors said in an indictment

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Michael Rose, president of Forsythe Cosmetics Group LLC, is accused of skirting US sanctions between 2015 and 2018 by arranging for the export from the United States to Iran of more than $350,000 worth of cosmetics, prosecutors said in an indictment;

Michael Rose participated in a years-long scheme to violate US sanctions by surreptitiously exporting cosmetics to Iran via front company intermediaries in the Middle East;

MICHAEL ROSE is the president of a Long Island-based cosmetics manufacturer and supplier (“Forsythe Cosmetics Group LLC”). In that role, ROSE manages, among other things, Forsythe Cosmetics’s operations and its international sales business. Between 2015 and 2018, ROSE participated in a conspiracy to evade U.S. sanctions on Iran by causing Forsythe Cosmetics Group LLC to export from the United States more than $350,000 worth of cosmetics to an importer in Iran (“Importer-1”). In or about June 2015, ROSE signed a contract with Importer-1 establishing that Importer-1’s Iran-based company would be the exclusive distributor for Forsythe Cosmetics’s products in Iran. Importer-1 then used front companies based outside Iran to make payments to Forsythe Cosmetics Group LLC in New York and to arrange for the transshipment of Forsythe Cosmetics’s goods to Iran via the United Arab Emirates. In addition to shipping goods and accepting payments in violation of U.S. sanctions, ROSE also filed false and misleading information on United States Department of Commerce Shipper’s Export Declaration forms in connection with the illegal shipments. The forms falsely represented that the “ultimate consignee” for the goods was in the United Arab Emirates, not Iran, and also falsely lowered the purchase price for the goods purchased by Importer-1 in order to evade customs payments;

Born:
1971

Country:
United States

Address:
Ridgefield, Connecticut

Reason for the color:
» President Of New York-Based Company Arrested For Conspiring To Violate U.S. Sanctions Against Iran;