On January 26th, the Treasury Department's Office of Foreign Assets Control designated Lebanese narcotics trafficker Ayman Joumaa, as well as nine individuals and 19 entities connected to his drug trafficking and money laundering organization as Specially Designated Narcotics Traffickers in accordance with the Foreign Narcotics Kingpin Designation Act. As a result of the designations, U.S. persons are prohibited from conducting financial or commercial transactions with these individuals and entities and any assets the designees may have under U.S. jurisdiction are frozen. Penalties for violations of the Kingpin Act range from civil penalties of up to $1.075 million per violation to more severe criminal penalties. Criminal penalties for corporate officers may include up to 30 years in prison and fines up to $5 million. Criminal fines for corporations may reach $10 million. Individuals face up to 10 years in prison and fines. Treasury Department Press Release.