Treasury Sanctions Facilitators of DPRK IT Worker Fraud Targeting U.S. Businesses
WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and one entity for their roles…
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WASHINGTON—Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 10 individuals and one entity for their roles in Democratic People’s Republic of Korea (DPRK) government-run information technology (IT) worker schemes that defraud U.S. businesses and generate revenue for the DPRK’s unlawful weapons of mass destruction (WMD) and ballistic missile programs.“The North Korean regime continues targeting and exploiting American companies through fraudulent activities conducted by its overseas IT operatives, who weaponize sensitive data and extort businesses for substantial payments,” said Secretary of the Treasury Scott Bessent. “Under President Trump’s leadership, Treasury will continue to use all available tools to protect U.S.
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