The United States has imposed sanctions on five officials and three entities based in Myanmar and Thailand for their alleged involvement in online investment scams and forced labor operations. According to US government data, Americans lost at least $10 billion to Southeast Asia-based online fraud schemes in 2024, marking a 66% increase from the previous year. Washington said these criminal networks increasingly target US citizens online, posing a serious threat to the nation’s economic security. The sanctions reinforce efforts by the US Attorney’s Office for the District of Columbia, the FBI, and the Secret Service’s Scam Center Strike Force to investigate and prosecute scam networks operating in Myanmar, Cambodia, and Laos. The US reaffirmed its commitment to using all legal and diplomatic tools to protect its citizens from cyber fraud.