The U.S. Department of the Treasury's Office of Foreign Assets Control imposed sanctions on the Korea Sobaeksu Trading Company and three individuals for their roles in a fraudulent IT worker scheme. This scheme exploits skilled North Korean IT workers who obtain remote jobs internationally to evade sanctions and generate illicit revenue for North Korea's nuclear and missile programs. The latest measures reflect the U.S. government's ongoing commitment to dismantle revenue-generating operations that compromise global security. The Treasury highlighted the dangers posed by these actions, including the potential introduction of malware into systems.
The sanctions target Korea Sobaeksu Trading Company and three individuals for evading sanctions against the Democratic People's Republic of Korea, supporting illicit revenue generation.
The IT worker scheme involves dispatching skilled North Korean IT workers globally to infiltrate companies using fraudulent documents, generating hundreds of millions for the regime.
Treasury stated, 'Our commitment is clear... will continue to hold accountable those who seek to infiltrate global supply chains and enable the sanctions evasion activities.'
The DPRK government withholds most of the wages earned by IT workers, generating revenues to support unlawful weapons of mass destruction and ballistic missile programs.
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