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Chinese businesswoman in Palau hit with US sanctions

By: Bernadette Carreon The U.S. Treasury last week sanctioned Rose Wang, a Chinese businesswoman and hotel owner in Palau, for allegedly helping a criminal fraud operation in the Pacific island nation. Wang was sanctioned as part of a major U.S. and U.K. crackdown on “pig butchering” scams—online fraud schemes where victims are tricked into making […]

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