U.S. sanctions cyber scammers who stole billions from Americans
The U.S. Department of the Treasury has sanctioned several large networks of cyber scam operations in Southeast Asia, which stole over $10 billion from Americans last year. These operations, mainly those in Burma and Cambodia, are notorious for using forced labor, human trafficking, and physical violence, essentially operating as modern slavery farms that conduct online fraud. The scams vary from “romance baiting” to fake cryptocurrency investing opportunities. The announcement highlights tha