World3 sources
US Sanctions Additional Targets Linked to Cambodian Scam Group
- The US Treasury Department sanctioned 45 targets, including four individuals and 41 companies, linked to the Prince Group.
- The sanctions aim to disrupt the group's ability to hide assets and evade previous sanctions.
- The Prince Group is accused of using sophisticated cyber-enabled fraud schemes to target victims worldwide.
- The targeted entities include offshore companies and associates believed to have aided Prince Group executives.
- The sanctions are part of ongoing efforts to combat the alleged scam network based in Cambodia.