US Sanctions Cambodian Tycoon Over Human Trafficking and Scam Centers

The sanctions target Ly Yong Phat and his businesses for their involvement in forced labor and fraudulent schemes.

The U.S. Treasury Department Cambodian businessman Ly Yong Phat and several of his entities for human rights abuses.
Ly Yong Phat is accused of trafficking workers and forcing them to operate scam centers, including O-Smach Resort.
Victims reported severe mistreatment, including confiscation of passports, forced labor, and physical abuse.
The scams, often involving cryptocurrency and foreign exchange fraud, have targeted victims worldwide, including Americans.
Cambodia's foreign ministry condemned the sanctions as politically motivated and a violation of international law.