Tag: prince_group_transnational_criminal_organization

Treasury Sanctions 46 Targets Tied to Prince Group Scam Network and Madagascar Fraud Ring

5 Nov 2026 1:10 p.m. · Source: US Treasury

OFAC sanctioned four individuals and 41 entities supporting the Prince Group criminal network, plus a Malaysian national who ran a Madagascar-based scam operation that defrauded Americans of over $400,000.

Politics and Government Business Law Enforcement Federal Government Banking Financial Markets Legal Asia OFAC sanctions Prince Group Transnational Criminal Organization cyber-enabled fraud U.S. Department of the Treasury Scott Bessent money laundering digital asset scams US Treasury