US Sanctions Online Scammers Who Stole Billions From US Victims

Bloomberg TechnologyTuesday, October 14, 2025 at 5:40:45 PM
PositiveTechnology
US Sanctions Online Scammers Who Stole Billions From US Victims
The Trump administration has taken a significant step by sanctioning over a hundred companies and individuals in Southeast Asia involved in online investment scams that have defrauded US victims of billions. This action is crucial as it aims to protect American citizens from financial exploitation and sends a strong message against such fraudulent activities. By targeting these scammers, the administration hopes to deter future scams and safeguard the integrity of online investments.
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