Sanctioning Burma Armed Group and Firms Linked to Organized Crime Scamming Americans
Sanctioning Burma Armed Group and Firms Linked to Organized Crime Scamming Americans Today, the United States sanctioned five individuals and three entities, located in Burma and Thailand, for their involvement in forced labor compounds that carry out fraudulent investment scams online. According to a U.S. government estimate, Americans lost at least $10 billion in 2024 to Southeast Asia-based online scam operations, a 66 percent increase from the prior year. Criminal syndicates across the...
