News Summary

• The U
• S
• Department of Justice announced several enforcement actions against North Korea’s money-making operations
• The government announced the arrest and indictment of Zhenxing “Danny” Wang, who allegedly ran a years-long fraud scheme
• Wang is accused of conspiracy to commit wire fraud, money laundering, and identity theft
• According to the indictment, the scheme generated more than $5 million in revenue for the North Korean regime