Warren Buffett led Berkshire Hathaway to pay $4.14 million to settle Iran sanctions violations claims
Warren Buffett led Berkshire Hathaway Inc agreed to pay $4.14 million to settle civil allegations that a Turkish subsidiary committed "egregious" violations of U.S. sanctions against Iran, the U.S. Treasury Department said on Tuesday.

Berkshire Hathaway voluntarily reported the apparent violations in May 2016 after receiving an anonymous tip, replaced employees who were involved, and upgraded compliance procedures for its foreign subsidiaries, OFAC said.