US sanctions North Korean firm, nationals behind IT worker schemes
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned three North Korean nationals and a company for supporting fraudulent IT worker schemes that generated illicit revenue for the Democratic People’s Republic of Korea (DPRK) government. The sanctioned company is named Korea Sobaeksu Trading Company, and the three North Korean individuals are Kim Se Un, Jo Kyong Hun, and Myong Chol Min. North Korea’s IT worker schemes involve placing skilled tech workers i