[US Treasury Sanctions 45 Individuals and Entities Linked to Prince Group] The US Treasury Department's Office of Foreign Assets Control (OFAC) on November 5 sanctioned four individuals and 41 entities for supporting the Prince Group's transnational criminal network. This organization is involved in online fraud, money laundering, and human trafficking.
Princess Group affiliates obtained illicit profits through online fraud, including digital asset investment scams. Those sanctioned are involved in offshore company management, concealment of actual ownership, and providing administrative and financial services to group executives.
