US sanctions N. Korean network accused of defrauding businesses

The Korea Times - Oct 28, 2026

The United States imposed sanctions on Wednesday to target what the Treasury Department said were North Korean government-run schemes that use IT workers to defraud U.S. businesses and generate revenue for Pyongyang's weapons programs. The Treasury Department said the schemes involve North Korean IT workers fraudulently gaining employment with companies in the United States and elsewhere, and Pyongyang taking most of the workers' wages to fund its weapons of mass destruction and ballistic missile programs. "These networks permeate through the global financial system, necessitating a unified response to match the threat," the department said in a statement, adding that Australia and the European Union also imposed North Korea-related sanctions this month. North Korea's mission to the United Nations in New York did not immediately respond to a request for comment. The sanctions come as U.S. President Donald Trump has been eager to jump-start talks with North Korea, but Pyongyang has shown little interest in diplomacy aimed at containing its nuclear program. However, earlier this month Trum

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