The US Division of Justice has taken management of a web site linked to an internet fraud ring working out of Burma.
The seized website, tickmilleas.com, was reportedly managed from the Tai Chang compound, additionally referred to as On line casino Kosai, in Kyaukhat.
Officers said that it was designed to seem like an actual buying and selling platform, which helps scammers persuade individuals to put money into faux schemes.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
What’s SushiSwap? DEX & Sushi Token Animated Explainer
In response to investigators, victims noticed fabricated account pages that confirmed sturdy returns and rising balances. They have been additionally given detailed steps on find out how to switch funds into the system.
The Division of Justice stated:
Regardless of the seized area being registered in early November 2025, the FBI already recognized a number of victims who used the area within the final month and have been scammed out of their investments.
A “compound rip-off” is a setup by which fraud operations are carried out from massive buildings or enclosed websites, usually by staff pressured or tricked into the job.
These websites have turn into a regional downside and are spreading by means of international locations reminiscent of Burma, Cambodia, and Laos.
After the FBI warned them, Google and Apple deleted cellular apps linked to the area, and Meta shut down greater than 2,000 associated accounts on social media.
The Justice Division defined that scams of this sort usually start with random messages from strangers on relationship apps, social media, or messaging platforms.
The UK Severe Fraud Workplace (SFO) not too long ago confirmed it has arrested two males linked to Foundation Markets. How did the case unfold? Learn the complete story.
