U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams

U.S. Sanctions on Cambodian Tycoon: The U.S. Treasury has sanctioned Ly Yong Phat, a wealthy Cambodian businessman, for his involvement in human trafficking and torture linked to pig butchering scams, severely limiting his access to the global financial system.

Human Trafficking Operations: Victims are reportedly lured to Ly's O-Smach Resort with false job promises, only to be forced into scam operations, facing abuse and threats if they attempt to escape, highlighting the severe human rights abuses associated with these scams.