U.S. Treasury targets the Cambodia-based Prince Group network in Southeast Asia for allegedly running large-scale cyber-enabled fraud and money-laundering operations

Treasury sanctioned nine individuals and 26 entities linked to Prince Group TCO, including leadership, scam-compound investors and front companies, while FinCEN moved to amend the Huione Group final rule to include H-Pay Service and successor entities. Treasury says the action targets networks behind scam compounds, fraud and money laundering, including infrastructure used to transfer and consolidate scam-derived assets and…