The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Cambodian senator Kok An and 28 individuals and entities in his network, targeting Cambodia-based scam compounds alleged to have stolen millions of dollars from U.S. victims through digital asset investment fraud. The release describes the network as operating out of casinos and office parks converted into scam centers, using romance and friendship approaches to induce transfers of savings in digital assets, and in some cases forcing human trafficking victims to perpetrate the scams. Designated parties include Kok An’s Crown Resorts and Anco Brothers Co Ltd, associate Rithy Raksmei and K99 Culture and Media Co Ltd (K99 Group) and linked entities such as Xing Tian Di Co Ltd and Nan Tian International Hotel Co Ltd (Nan Hai), as well as Aik Paung, Sai Aung Linn, Xihu Resort Hotel Co Ltd, Heng Feng Group Co Ltd and Heng Feng Cambodia Bank plc; Brilliancy Sihanoukville Investment and Development Co Ltd (Bolai) and founder Luo Hong were also listed, alongside additional companies owned or controlled by these principals. The action was coordinated with the Scam Center Strike Force and ran in parallel with FBI and U.S. Secret Service efforts that included announced criminal charges, the seizure of a recruiting messaging app, and the seizure of 503 fraudulent web domains; the U.S. Department of State separately offered rewards of up to USD 10 million related to scam proceeds linked to the Tai Chang compound and up to USD 4 million for information leading to the arrest of fugitive money launderer Daren Li. OFAC made the designations under Executive Order 13694 as amended, in furtherance of Executive Order 14390, triggering asset-blocking measures, application of the 50 percent ownership rule, and broad prohibitions on U.S. persons’ dealings with designated persons absent authorization, with potential civil or criminal penalties for violations.
U.S. Department of the Treasury 2026-04-23
U.S. Department of the Treasury designates Cambodian senator Kok An and 28 individuals and entities tied to scam compounds and digital asset fraud
The U.S. Department of the Treasury’s Office of Foreign Assets Control designated Cambodian senator Kok An and 28 associated individuals and entities for operating Cambodia-based scam compounds involved in large-scale digital asset investment fraud targeting U.S. victims. The action, taken under Executive Order 13694 as amended in furtherance of Executive Order 14390, blocks their property and interests in property, extends restrictions via the 50 percent ownership rule, and broadly prohibits U.S. persons from dealings with designated parties absent authorization, with penalties for violations.