HOT: The U.S. sanctions a fake IT network related to North Korea, revealing links to Vietnam
The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has sanctioned 6 individuals and 2 organizations related to a fake IT personnel network backed by North Korea. This group is accused of using fake credentials and stolen identities to apply for jobs at companies worldwide, subsequently transferring most of their salaries back to the North Korean regime to fund missile and weapon programs.
The network is said to operate in Vietnam, Laos, and Spain, with Amnokgang Technology Development Company accused of managing IT personnel working abroad.
Notably, Nguyễn Quang Việt, CEO of Quangvietdnbg International Services Company Limited, is alleged to have laundered approximately 2.5 million USD through cryptocurrency for this network.
OFAC has also added individuals to the sanctions list, including Do Phi Khanh, Hoang Van Nguyen, Yun Song Guk, Hoang Minh Quang, and York Louis Celestino Herrera, for alleged connections to the network.
According to regulations, all assets in the U.S. of the individuals and organizations above will be frozen, and they are prohibited from conducting financial transactions or business with organizations and individuals in the U.S. Violators may face civil or criminal penalties.
The U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), has sanctioned 6 individuals and 2 organizations related to a fake IT personnel network backed by North Korea. This group is accused of using fake credentials and stolen identities to apply for jobs at companies worldwide, subsequently transferring most of their salaries back to the North Korean regime to fund missile and weapon programs.
The network is said to operate in Vietnam, Laos, and Spain, with Amnokgang Technology Development Company accused of managing IT personnel working abroad.
Notably, Nguyễn Quang Việt, CEO of Quangvietdnbg International Services Company Limited, is alleged to have laundered approximately 2.5 million USD through cryptocurrency for this network.
OFAC has also added individuals to the sanctions list, including Do Phi Khanh, Hoang Van Nguyen, Yun Song Guk, Hoang Minh Quang, and York Louis Celestino Herrera, for alleged connections to the network.
According to regulations, all assets in the U.S. of the individuals and organizations above will be frozen, and they are prohibited from conducting financial transactions or business with organizations and individuals in the U.S. Violators may face civil or criminal penalties.