US sanctions 46 targets linked to Prince Group’s offshore asset and sanctions evasion network

The United States imposed sanctions on 46 individuals and entities linked to a network that helped Prince Group conceal assets and evade earlier sanctions. The group’s affiliates generated billions of dollars through digital asset investment scams, romance scams and other online fraud. In its “Treasury Targets Global Scam Networks and the Corporate Infrastructure That Enables Them” report published on November 5, 2026, the US Department of the Treasury said the Office of Foreign Assets Control (OFAC) targeted facilitators that sustained Prince Group’s operations after sanctions in October 2025 and June 2026. Their roles included managing offshore companies, concealing beneficial ownership and providing administrative and financial services to senior executives.

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