US sanctions hit 41 companies accused of keeping Prince Group’s scam network running

The US sanctioned four people and 41 entities on November 5, 2026, targeting a corporate network that Treasury says sustained Prince Group's operations after earlier sanctions. The designations subject covered assets to US blocking and reporting requirements, with restrictions also reaching companies that meet OFAC's ownership threshold. The Office of Foreign Assets Control (OFAC) said the network helped Prince Group, which it has designated a transnational criminal organization, manage offshore structures, conceal beneficial ownership and maintain commercial activities. It links the group's affiliates to digital asset investment scams, romance scams and other online fraud, with many operations relying on trafficked and coerced workers in Southeast Asian compounds . The action follows earlier Prince Group sanctions on October 14, 2025 and June 23, 2026.

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