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IMG Academy Fined $1.72M for Sanctions Violations

2/18/2026

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Summary

Story summary

The U.S. Treasury Department fined IMG Academy $1.72 million for sanctions-related violations in a civil settlement with no criminal charges.
From 2018 to 2022, 89 tuition payments went to parents tied to a Mexican drug cartel.
The payments allowed sanctioned individuals to access the U.S. financial system.
IMG Academy lacked a formal compliance program during the period, but it has since implemented one and cooperated with the investigation.

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Story summary

The U.S. Treasury Department fined IMG Academy $1.72 million for sanctions-related violations in a civil settlement with no criminal charges.
From 2018 to 2022, 89 tuition payments went to parents tied to a Mexican drug cartel.
The payments allowed sanctioned individuals to access the U.S. financial system.
IMG Academy lacked a formal compliance program during the period, but it has since implemented one and cooperated with the investigation.