US slaps more sanctions on alleged scam group’s affiliates

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PHNOM PENH — The United States has imposed sanctions on dozens of companies and individuals linked to an alleged Cambodia-based cyberscam group and a network in Madagascar that targeted Americans. The US Treasury Department announced sanctions on Thursday on four people and 41 companies tied to the Prince Group, a Cambodian firm accused of running a billion-dollar scam operation. The Southeast Asian country has emerged as a hub for crime syndicates running fake romantic relationship and cryptocurrency investment schemes in which scammers — some willing, others trafficked — defraud internet users around the world. But under pressure from several countries,…

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