The US Treasury Department has sanctioned a Chinese businesswoman based in Palau for allegedly facilitating operations of a vast criminal enterprise linked to one of Asia’s most notorious triad leaders. The move marks Washington’s latest step in a sweeping international crackdown on Chinese-linked organized crime networks that have built global fraud empires, often using small island nations as cover for their illicit operations.

The US Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against Wang Guodan, also known as Rose Wang, citing her role in helping the Cambodia-based Prince Group, a transnational criminal organization accused of orchestrating large-scale investment scams known as “pig butchering” schemes. These scams, often run out of Southeast Asian compounds using forced labor, have defrauded victims across the world out of billions of dollars.

The sanctions freeze any assets under US jurisdiction connected to Wang and prohibit American citizens and entities from conducting business with her or her associated companies. Two of her Palau-based firms, Jing Pin Inc. and Aqua Pure Water Inc., were also targeted, along with several officers of the Prince Group’s Palau affiliate, Grand Legend International Asset Management Company Ltd.

According to OFAC’s statement, Wang acted as a critical local enabler for the Prince Group’s efforts to establish commercial and political footholds in Palau. The Treasury Department accused her of helping Grand Legend – allegedly controlled by the group’s CEO Chen Zhi – secure the lease for Ngerbelas Island, where a luxury resort project was planned.

“Rose Wang is a Palau-based hotel owner and transnational organized crime facilitator who has helped Prince Group TCO establish commercial interests in Palau. Rose Wang handled local administrative affairs for Grand Legend and helped the company obtain the lease for Ngerbelas Island,” the........

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