US sanctions 4 people and 41 companies tied to Prince Group

The US Treasury sanctioned four people and 41 companies linked to Prince Group, a Cambodian company accused of running online scam operations.

The group is accused of using compounds in Cambodia where trafficked workers were forced to carry out cryptocurrency, romance and other scams.

The fraud is said to have stolen billions of dollars from people in the US and other countries.

The new measures target shell companies and financial intermediaries that officials say helped the group conceal its money and keep access to financial services.

The sanctions include people accused of running companies or holding property for previously sanctioned Prince Group officials.

Prince Group was dismantled earlier this year after its CEO was arrested and extradited to China, but officials say associates tried to evade earlier sanctions.

The US says it will target the networks that enable the scams and laundering.