Summary
The U.S. Treasury Department sanctioned 10 people and one entity over an alleged information technology fraud scheme. Treasury said the scheme defrauded American businesses and generated money for North Korea’s military.Key Facts
- The sanctions were announced on Wednesday.
- The Treasury Department’s Office of Foreign Assets Control imposed the sanctions.
- The targets included eight North Korean nationals and two Russian nationals.
- Treasury accused the individuals of helping run a North Korean government IT scheme.
- The department said the scheme aimed to defraud American businesses.
- Treasury said the proceeds benefited North Korea’s military.
