Treasury Sanctions Fraud Network Funding DPRK Weapons Programs
2025-08-27 • USTreasury •
OFAC sanctioned Vitaliy Sergeyevich Andreyev, Kim Ung Sun, Shenyang Geumpungri Network Technology, and Korea Sinjin Trading Corporation for roles in a DPRK IT worker revenue scheme. The Treasury release says DPRK IT workers use fraudulent documents, stolen identities, and false personas to infiltrate legitimate companies, including in the United States and allied countries. It also notes that some workers have introduced malware into company networks to steal proprietary and sensitive data. The action highlights cryptocurrency conversion and cash-out activity, including nearly $600,000 in transfers allegedly facilitated for Chinyong, and frames the network as part of DPRK sanctions evasion and weapons-program funding.