DOJ Disrupts Major Myanmar-Based Scam Targeting TickMill Users

Taking action to demonstrate the United States’ commitment to combating transnational cyber-fraud networks, the Department of Justice has announced a decisive seizure of tickmilleas.com, a domain allegedly used by a sophisticated cryptocurrency investment scam originating in Burma, as a decisive step to underscore its intensifying campaign against cyber-fraud networks. 

Investigators have determined that the site, linked to the notorious Tai Chang scam compound, a hub favored by Burmese groups previously designated by the U.S Treasury for connections to Chinese organized crime and large-scale Southeast Asian scam operations, was intentionally crafted to lure foreign investors with fabricated promises of high returns, based on fabricated information provided to the investigators.
A further manipulation took place to induce the victim to download fraudulent mobile applications that were part of the scheme’s broader ecosystem. 

Law enforcement authorities have already taken coordinated actions that led to the removal of malicious apps from major app stores and the eradication of more than 2,000 scam-related accounts across Meta platforms as a result of coordinated actions.

A renewed global alert has also been issued by Interpol, warning that such criminal activities are rapidly on the rise due to the rapidly developing use of technology and, in some cases, trafficking of forced labor in order to sustain these criminal enterprises. 

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