"The United States Department of the Treasury has announced sanctions against the Cambodian Senator Kok An, accusing the politician of using his influence and connections to protect a network of scam operators. The department's Office of Foreign Assets Control (OFAC) said on Thursday that it would take action against An and 28 individuals and entities in his network, which is accused of enticing US citizens into giving away large amounts of money through fraudulent schemes."
"Using the lure of friendship or romantic relationships, these fraudsters coax vulnerable Americans into transferring their savings in the form of digital assets by promising investment opportunities and high returns, only to steal the funds outright, the department said in a statement."
"Human rights experts have also pointed to a trend of scam operations luring workers across international borders and forcing them to work as fraudsters in isolated compounds. United Nations estimates suggest that as many as 300,000 people could be entangled in the industry across the region, some of them without their consent."
The US Treasury Department has sanctioned Cambodian Senator Kok An for allegedly using his political influence to shield a network of scam operators. This network entices US citizens into fraudulent schemes, promising high returns on investments in digital assets. The rise of these scams has been linked to the COVID-19 pandemic, with many operations shifting online. Human rights experts report that thousands may be trapped in these schemes, often trafficked across borders under false pretenses. Recent legislation in Cambodia aims to combat these growing cyber scams.
Read at www.aljazeera.com
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