The U.S. Department of State's Transnational Organized Crime Rewards Program has offered rewards totaling up to $15 million for information leading to the arrests and/or convictions of North Korean nationals Sim Hyon-sop and six co-conspirators involved in North Korea's malicious and illicit revenue generation schemes.
North Korea's revenue generation schemes, which include cryptocurrency theft, illicit information technology work, trafficking in counterfeit goods, oil smuggling, and other transnational criminal activities, often target U.S. companies and U.S. citizens to raise funds for North Korea's dangerous WMD and ballistic missile programs, which threaten the U.S. security.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.