Washington, DC [US], November 13 (ANI): The United States has sanctioned five individuals and three entities located in Myanmar and Thailand , alleging their involvement in "forced labour compounds that carry out fraudulent investment scams online", the Department of State announced in a statement on Wednesday (local time).

The statement said, "The United States sanctioned five individuals and three entities, located in Burma and Thailand , for their involvement in forced labour compounds that carry out fraudulent investment scams online."

Referring to the US government estimate, it added, "Americans lost at least $10 billion in 2024 to Southeast Asia-based online scam operations, a 66 per cent increase from the prior year. Criminal syndicates across the region have increasingly ex

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