SEOUL: South Korea has imposed sanctions on 15 individuals and 132 entities, including Prince Group and those tied to the Southeast Asia-based multinational network, over online crimes in Southeast Asia, the government said on Thursday.
“It is our first unilateral sanction responding to a trans-national crime and the single biggest, which shows the government’s willingness to actively respond to online crimes in Southeast Asia,” it said in a statement.
South Korea agreed with Cambodia to cooperate on fighting online scams, after repatriating last month more than 60 of its nationals detained in the Southeast Asian country over allegations they were involved in online crimes, following the death of a South Korean student.