Overview
- The settlement, announced in February 2026, resolves 89 apparent violations under the Foreign Narcotics Kingpin Designation Act.
- Treasury characterized the conduct as non‑egregious, did not allege criminal intent, and pursued the matter as a civil enforcement action.
- IMG Academy processed tuition, housing, and related charges over multiple years for two individuals on the Specially Designated Nationals list.
- Payments often moved through third‑party bank transfers and credit cards, including transfers from entities in Mexico.
- One student’s enrollment ran roughly 2018–2023 and another 2020–2022 with annual amounts reaching about $98,867 and $102,235, while identities were withheld and IMG says it has strengthened compliance since a 2023 ownership change.