The Trump administration imposed new sanctions Wednesday targeting a North Korean government-run scheme that the Treasury Department says uses fraudulent identities to place IT workers inside legitimate U.S. companies and funnel their earnings toward Pyongyang's weapons of mass destruction and ballistic missile programs.
Ten individuals and one entity accused of helping operate or finance the schemes were sanctioned by the Treasury Department's Office of Foreign Assets Control (OFAC).
According to Treasury, the workers allegedly used stolen identities, fraudulent documents and fake personas to obtain legitimate technology jobs in the U.S. and allied countries.
"The North Korean regime continues targeting and exploiting American companies through fraudulent activities conducted by its overseas IT operatives, who weaponize sensitive data and extort businesses for substantial payments," Treasury Secretary Scott Bessent said in a statement.
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