US EditionUS charges 2 Chinese nationals with managing cyberscam compound in Myanmar
Authorities say the network used forced labor and fake investment platforms, and the FBI found one worker defrauded an American victim of over $3 million.
- On Thursday, U.S. Attorney for the District of Columbia Jeanine Pirro announced wire fraud conspiracy charges against two Chinese nationals, Huang Xingshan and Jiang Wen Jie, for managing forced-labor cryptocurrency scam compounds in Burma and Cambodia.
- Trafficked workers at the Shunda compound were held against their will and forced to pose as law enforcement or bank officials to steal Americans' life savings under threat of violence and torture.
- The Scam Center Strike Force seized 503 fraudulent investment websites and a Telegram channel used to recruit victims, while restraining more than $700 million in cryptocurrency tied to the illicit operations.
- Coordinated action by the Treasury Department sanctioned Cambodian Senator Kok An and associates for perpetrating fraud, while the State Department offered rewards of up to $10 million for information leading to asset recovery.
- Global scam syndicates stole an estimated $64 billion annually by the end of 2023, reflecting a massive cybercrime crisis as Americans lost more than $20 billion to fraud last year.
15 Articles
15 Articles
DOJ Takes Down Massive Chinese Financial Fraud Ring Operating Out of Southeast Asia
When Jeanine Pirro says “compound” she isn’t kidding. [Check the Images] The DOJ took down a massive financial fraud operation in southeast Asia that was targeting Americans. DOJ – “The Department of Justice, through U.S. Attorney Jeanine Ferris Pirro and Assistant Attorney General A. Tysen Duva of the Criminal Division, together with its partners, today […]
Associated Press News
US charges 2 Chinese nationals with managing cyberscam compound in Myanmar
Two Chinese nationals face charges in the U.S. that they managed a sprawling compound in Myanmar where authorities say workers were forced to participate in cryptocurrency investment fraud scams.
DOJ charges 2 Chinese nationals who allegedly ran overseas cryptocurrency scam center targeting Americans
The Justice Department unveiled charges Thursday against two Chinese nationals allegedly behind an overseas cryptocurrency scam center, as U.S. Attorney for the District of Columbia Jeanine Pirro vowed that the Trump administration is "just getting started" in combating these schemes. Pirro told reporters in Washington, D.C., that cyber-enabled and cryptocurrency investment fraud is "among the fastest growing and the most financially devastating…
DOJ cracks down on Southeast Asian crypto scams that used forced labor
The Justice Department, in partnership with U.S. Attorney Jeanine Pirro, announced sweeping actions targeting sprawling cryptocurrency scam networks based in Southeast Asia, as the State Department unveiled multimillion-dollar rewards for information leading to arrests and asset seizures tied to the schemes. Federal prosecutors charged multiple people linked to scam compounds in Cambodia and Myanmar, part of a broader effort by the United State…
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