Washington, Nov. 6 -- The United States has imposed sanctions on four individuals and 41 companies associated with Cambodia's Prince Group over their alleged role in helping criminal networks conceal assets and circumvent existing restrictions through an offshore business network.

As noted by the US Treasury Department, the action focused on corporate structures and financial facilitators that sustained the group's operations following sanctions introduced in October 2025 and June 2026.

"Cyber scam syndicates continue to steal billions of dollars from American victims," Treasury Secretary Scott Bessent said.

According to the Treasury, Prince Group-linked operations generated billions through cryptocurrency investment fraud, romance sca...