News
Treasury Sanctions Prince Group Network
The US Treasury Department has sanctioned four individuals and 41 entities on November 5, 2026, targeting a corporate network accused of sustaining the Prince Group's operations. The network is linked to digital asset investment scams, romance scams, and other online fraud, with many operations involving trafficked and coerced workers in Southeast Asia. The sanctions require covered assets to be blocked and reportable to OFAC, and also affect companies meeting the 50% ownership threshold.