Kim Hyo Dong

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Treasury sanctions North Korean and Russian facilitators of IT worker fraud

Designated by OFAC on October 28, 2026

The Treasury Department's Office of Foreign Assets Control (OFAC) blocked the US assets of ten people and one entity on October 28. They ran North Korea's information technology worker fraud scheme—a state operation that places fake employees in US companies and funnels most of their pay to Pyongyang's weapons programs.

Updated 5 hours ago