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U.S. Sanctions Target Cyber Scams Amid $10B Losses

9/11/2025

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Summary

Story summary

The U.S. sanctioned nearly 20 entities in Myanmar and Cambodia for cyber scams and human trafficking.
The Treasury Department's sanctions focus on Shwe Kokko, a major scam hub in Myanmar.
Americans lost over $10 billion to Southeast Asian scams in 2024, a 66% increase from 2023.
Many scam operators face coercion and threats of violence.
Experts call for broader sanctions to tackle extensive criminal networks.

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Story summary

The U.S. sanctioned nearly 20 entities in Myanmar and Cambodia for cyber scams and human trafficking.
The Treasury Department's sanctions focus on Shwe Kokko, a major scam hub in Myanmar.
Americans lost over $10 billion to Southeast Asian scams in 2024, a 66% increase from 2023.
Many scam operators face coercion and threats of violence.
Experts call for broader sanctions to tackle extensive criminal networks.