SINGAPORE, Oct. 16 -- An independent director of the Singapore-listed live-streaming company 17Live Group has resigned after she was added to a US sanctions list for her alleged links to a massive global scam operation.

Karen Chen Xiuling, 43, voluntarily resigned from her role on October 15, the same day she was named alongside two other Singaporeans and 17 Singapore-registered entities on the US Treasury's Specially Designated Nationals list, The Straits Times reported.

This designation effectively bars US persons and companies from conducting any business with them.

The sanctions stem from their alleged involvement with Cambodian national Chen Zhi and his conglomerate, Prince Holding Group. On October 14, US and British authorities ...