US adds 35 linked to cyber scam network to transnational criminal organisation sanctions list
24 June 2026
Billion Photos/Shutterstock.comThe US has added 9 people and 26 entities to its Specially Designated Nationals and Blocked Persons (SDN) List, for being linked to the Prince Group Transnational Criminal Organisation – Press Release.
The Cambodia-based Prince Group TCO was designated in October 2025 for operating cyber scam centres in Southeast Asia. The designations were made under Executive Order 14390, which addresses cybercrime carried out against US citizens, and Executive Order 13581, which blocks the property of transnational crime organisations.
Designations include:
- Hu Xiaowei (Hu), for setting up and supervising the Prince Group’s subsidiary entities outside Cambodia, and being involved in the group’s real estate activities;
- Future King Inc., a BVI company for being controlled by Hu;
- Future Wing Financial Company Limited, a Hong Kong-based asset management firm owned by Hu through Future King, for receiving funds from cryptocurrency investment scam victims.
The Treasury’s Financial Crimes Enforcement Network (FinCEN) has simultaneously proposed banning US dollar accounts from being made on the platform ‘H-Pay Service PLC’ and on any ‘Huione Group’ successor entity. The entities are said to be used by the newly designated people to launder assets derived from cyber scams.
