OFAC Sanctions Five Individuals and 41 Entities Supporting Global Scam Networks

OFAC imposed blocking sanctions against five individuals and 41 entities for supporting global scam networks. Four individuals and 41 entities were designated under Executive Order 13581, as amended, for supporting or operating within Prince Group’s corporate and financial network, including structures used to conceal assets and evade earlier sanctions. OFAC separately designated Chui Kok Wa, a Malaysian national located in Madagascar, under its cyber sanctions authority for leading scammers who defrauded U.S. victims. U.S.-nexus property is blocked, and the blocking restrictions also cover entities owned 50 percent or more, individually or in the aggregate, by blocked persons.