Treasury slaps sanctions on people, companies tied to North Korean IT worker schemes

The Treasury Department on Tuesday announced it has sanctioned a North Korean man participating in the widespread IT worker scheme, as well as others in a Russia-based IT worker operation that allegedly benefits the government of North Korea.

It’s the second time in as many weeks that feds have taken action against people it says are associated with the IT worker scam — which benefits the illicit aims of the Democratic People’s Republic of Korea — following last week’s arrest, indictments and seizures.

“Today’s action underscores the importance of vigilance on the DPRK’s continued efforts to clandestinely fund its WMD and ballistic missile programs,” Deputy Secretary of the Treasury Michael Faulkender said in a news release. 

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