US EditionSoutheast Asian companies, operators sanctioned in cyber scams
The U.S. Treasury sanctioned scam operators exploiting forced labor in Myanmar and Cambodia, targeting networks responsible for $10 billion in losses to Americans in 2024, officials said.
- On Monday, the U.S. Treasury Department sanctioned 19 people and organizations linked to cyberscam hubs in Myanmar's Shwe Kokko city and Cambodia.
- The sanctions respond to the rise in large-scale cyber fraud in Southeast Asia, where job seekers are coerced into forced labor scams under threats of violence.
- Affected entities include those operating forced labor compounds in Cambodia and others connected to the Karen National Army protecting scams in Shwe Kokko, a city used for gambling, drug trafficking, prostitution, and scams.
- Under Secretary John K. Hurley stated that cyber scams originating from Southeast Asia pose significant risks to Americans' financial stability and well-being, while simultaneously exploiting thousands of individuals through forced labor.
- These sanctions aim to disrupt scam networks that stole over $10 billion from Americans in 2024 and to impose consequences for serious human rights abuses and corruption.
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27 Articles
US Government Imposes Sanctions on Cyber Scam Centers in Southeast Asia
The U.S. government has imposed sanctions on 19 individuals and entities for their alleged roles in an extensive network of scam centers in Burma (Myanmar) and Cambodia. “Criminal actors across Southeast Asia have increasingly exploited the vulnerabilities of Americans online. In 2024, Americans lost at least $10 billion to scam operations in Southeast Asia, according to a U.S. government estimate,” Secretary of State Marco Rubio said in a Sept.…
US Government Imposes Sanctions on Cyber Scam Centers in Southeast Asia - The Thinking Conservative
U.S. govt has imposed sanctions on 19 individuals and entities for their alleged roles in an extensive network of scam centers in Burma and Cambodia. The post US Government Imposes Sanctions on Cyber Scam Centers in Southeast Asia appeared first on The Thinking Conservative.
US sanctions Myanmar and Cambodia scam kingpins
WASHINGTON - The United States has imposed sanctions on cyber scam operators in Myanmar and Cambodia, a booming industry that Washington says stole tens of billions from Americans last year, according to a Treasury Department statement.
The U.S. Treasury Department is taking serious action, announcing major sanctions against a Southeast Asian scam network that defrauded Americans out of more than $10 billion in 2024 alone.
Treasury Department targets Southeast Asia scam hubs with sanctions
Federal authorities on Monday imposed sanctions on 19 people and organizations allegedly involved in major cyberscam hubs in Burma and Cambodia. “Criminal actors across Southeast Asia have increasingly exploited the vulnerabilities of Americans online,” Secretary of State Marco Rubio said in a statement. “In 2024, Americans lost at least $10 billion to scam operations in Southeast Asia, according to a U.S. government estimate.” That’s a 66% incr…
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