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Treasury Further Dismantles Overseas Scam Operations Targeting Americans
WASHINGTON, June 24 -- The U.S. Department of the Treasury issued the following news release on June 23, 2026:
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Treasury Further Dismantles Overseas Scam Operations Targeting Americans
Today, the U.S. Department of the Treasury took coordinated action to further disrupt the Prince Group Transnational Criminal Organization (Prince Group TCO). The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership, investors in scam compounds, and front companies. In parallel, Treasury's Financial ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of the Treasury issued the following news release on June 23, 2026: * * * Treasury Further Dismantles Overseas Scam Operations Targeting Americans Today, the U.S. Department of the Treasury took coordinated action to further disrupt the Prince Group Transnational Criminal Organization (Prince Group TCO). The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership, investors in scam compounds, and front companies. In parallel, Treasury's FinancialCrimes Enforcement Network (FinCEN) proposed amending its October 2025 Huione Group Final Rule to include H-Pay Service PLC and any successor entity. Huione Group served as a critical node for laundering proceeds of cyber heists and virtual currency investment scams and was used by the Prince Group to transfer and consolidate scam-derived assets.
"Scam centers in Southeast Asia steal billions of dollars from American victims each year," said Secretary of the Treasury Scott Bessent. "The Trump Administration is united in its efforts to dismantle these overseas criminal enterprises, and Treasury will continue using its tools to disrupt the networks behind this egregious fraud and protect Americans."
Together, today's actions build on Treasury's October 2025 designation of Prince Group TCO and guard against Huione Group's attempts to circumvent being cut off from the U.S. financial system.
On October 14, 2025, OFAC, in coordination with the United Kingdom's (UK) Foreign, Commonwealth and Development Office, designated Prince Group as a TCO for its role in a global criminal enterprise built on scam compounds, fraud, and money laundering. Prince Group TCO members own and reap substantial profits from scam compounds where fraud operations target victims in the United States and around the world. Prior to its designation, Prince Group TCO oversaw a worldwide money laundering network and invested criminal proceeds across a wide range of businesses, including real estate, aviation, and luxury cigars. Following Treasury's action, countries around the world mobilized against this vicious syndicate, seizing properties, making arrests, and freezing assets with a combined value in the billions of dollars. In January, Chen Zhi, the leader of Prince Group TCO and mastermind behind its sprawling criminal empire, was stripped of his titles and Cambodian citizenship.
This action was taken in coordination with the Federal Bureau of Investigation's New York and San Francisco Field Offices. The FBI San Francisco Field Office today seized infrastructure used by Huione Group to scam Americans. FinCEN appreciates the contributions of the Australian Transaction Reports and Analysis Centre (AUSTRAC) in achieving this outcome. OFAC's action today was also taken in close coordination with Japan's National Police Agency.
These actions are being taken in furtherance of President Trump's Executive Order (E.O.) 14390 of March 6, 2026, "Combating Cybercrime, Fraud, and Predatory Schemes Against American Citizens," which orders the U.S. Government to unleash every available tool to stop foreign-backed criminal networks that exploit vulnerable Americans through cybercrime, cyber-enabled fraud, and extortion. As such, today's action further reflects OFAC's coordination with the Homeland Security Task Force and National Coordination Center. OFAC is designating these 35 targets pursuant to E.O. 13581 ("Blocking Property of Transnational Criminal Organizations"), as amended by E.O. 13863 ("E.O. 13581, as amended").
In addition to the October 2025 designation of the Prince Group TCO, OFAC's action today builds on other Treasury-wide efforts to disrupt scam operators based in Cambodia. Previous actions include OFAC's April 23, 2026 designation of Cambodian senator Kok An and his criminal network, the September 8, 2025 designation of 12 companies and seven individuals based in Cambodia and Burma for their roles in facilitating human trafficking and cyber scams targeting U.S. persons, and OFAC's September 12, 2024 designation of Cambodian tycoon Ly Yong Phat, his conglomerate L.Y.P. Group, and four of his hotels and resorts. Treasury continues to take these actions in close coordination with our international partners to address the shared threat posed by scam centers. Treasury will also continue to take aggressive steps to prevent illicit abuse of the digital asset industry, given its crucial role in global innovation and economic development.
SOPHISTICATED SCAMS TARGETING AMERICANS
Transnational criminal organizations based in Southeast Asia, like the Prince Group TCO and with support of their enablers like Huione Group, continue to target Americans through large-scale cyber-enabled fraud and scam operations. A U.S. government estimate reported that Americans lost at least $10 billion in 2024 to Southeast Asia-based scam operations, a 66 percent increase over the prior year. While these operations employ a variety of techniques to cheat victims out of their savings, one of the most common and lucrative schemes involves digital asset investment fraud. According to FinCEN's September 2023 alert on these scams, perpetrators send text messages directly to potential targets' phones and often use the promise of potential romantic relationships or friendships to gain the trust of their victims. They then convince their targets to make purported "investments" in digital assets on websites that are designed to look like legitimate investment platforms but are actually controlled by the scammers themselves. Ultimately, these scammers steal the funds deposited on the platforms under their control.
Southeast Asia-based criminal organizations often recruit individuals to work in scam centers under false pretenses, such as by offering fake technology or customer service jobs at the centers' connected casinos, resorts, and front companies. Once the individuals arrive at the compounds, the operators confiscate their passports and use debt bondage, physical violence, the threat of forced prostitution, and other methods to coerce them to scam strangers online. The scam operators specifically look to recruit individuals with English language skills to target American victims. Former scammers have reported they were directed to specifically target Americans, and some even had quotas for the number of targets per day. Individual U.S. victims of these scams have in some cases lost their entire life savings.
Additional information on digital asset investment scams and the risks they pose can be found in Treasury's 2026 National Money Laundering Risk Assessment.
TARGETING PRINCE GROUP TCO'S SECOND-IN-COMMAND
Today's action targets Hu Xiaowei (Hu), who has been described as Prince Group TCO's "second-in-command" and as a "big brother" to Prince Group TCO's leader, Chen Zhi. Hu was previously designated by OFAC in October 2025 under one of his aliases, Chen Xiao'er. He is also known by the names Hu Shi and Wu An Ming. Hu's activities on behalf of Prince Group TCO reportedly include setting up and supervising certain of the TCO's subsidiary entities outside of Cambodia; conducting Prince Group TCO-related activities pertaining to aircraft; playing a role in Prince Group TCO-related transnational real estate activities; conducting illicit gambling activities; and owning companies that were ultimately controlled by Prince Group TCO leader Chen Zhi.
Hu controls three companies in the British Virgin Islands: Eagle Fortitude Limited, Leisure Focus Limited, and Future King Inc. (Future King). Through Future King, Hu owns a large network of companies that he uses to manage funds and properties. These companies include two co-located Hong Kong-based asset management firms, China Reserve Securities Limited (China Reserve Securities) and Future Wing Financial Company Limited (Future Wing). Future Wing received millions of dollars of funds that have been assessed to have been derived from cryptocurrency investment scam victims. Future King also owns Singapore-based Future Oasis Pte. Ltd. (Future Oasis) and Hong Kong-based companies Future Cosmos Limited, Future Cosmos One Limited, Future Cosmos Two Limited, CN Crystal Limited, and CN Breeze Limited. OFAC is designating Hu pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Group TCO, a person whose property and interests in property are blocked pursuant to E.O. 13581, as amended. OFAC is also designating Eagle Fortitude Limited, Leisure Focus Limited, Future King, China Reserve Securities, Future Wing, Future Oasis, Future Cosmos Limited, Future Cosmos One Limited, Future Cosmos Two Limited, CN Crystal Limited, and CN Breeze Limited pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Hu.
Hu uses a group of Hong Kong-based subordinates to run his web of companies. Several of these individuals have extensive histories as directors or officers in multiple Hu-controlled companies. Ho Ho Ming (Ho), Kong Ka On (Kong), and Li Hui (Li) are some of Hu's main subordinates. Ho is an officer of China Reserve Securities, Future Wing, and Future Oasis; Kong is an officer of Future Cosmos; and Li is an officer of Future Wing. Kong also controls one Hong Kong-based company -- Tycoon Yachts (HK) Limited -- and 11 UK-based companies: Rocket Sandbox Ltd, DTX Winners Club Limited, Luffa Technology Network Company Limited, Cuban Trading UK Ltd, Halo Network Technology Ltd, Fortune Network Technology Ltd, Charco Charco Holborn Limited, Terra Cotta Warriors Isle of Dogs Ltd, Mingmen London Ltd, Chasca London Limited, and East Link London Ltd. OFAC is designating Ho, Kong, and Li pursuant to E.O. 13581, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hu. Tycoon Yachts (HK) Limited, Rocket Sandbox Ltd, DTX Winners Club Limited, Luffa Technology Network Company Limited, Cuban Trading UK Ltd, Halo Network Technology Ltd, Fortune Network Technology Ltd, Charco Charco Holborn Limited, Terra Cotta Warriors Isle of Dogs Ltd, Mingmen London Ltd, Chasca London Limited, and East Link London Ltd are being designated pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Kong.
Brendon Luo (Luo) and Qiu Weiren (Qiu) were major investors in a Prince Group TCO scam compound used to facilitate fraud operations. Dai An (Dai) is a high-level leader in the Prince Group TCO and has held an official position in Prince Huan Yu Real Estate Cambodia Group Co., Ltd., a company previously designated by OFAC for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Holding Group. Fang Zhizhen (Fang) has been involved with the Prince Group's online payment gateways for scams and laundered money for the TCO's scam center proceeds. Chen Bo (Chen) is a director of at least six Prince Group TCO companies that were designated in October 2025 and are owned or controlled by Chen Zhi. Chen is also the majority owner of Hong Kong-based Cloud Nine No. 4 Leasing Company Limited and Cambodia-based CCU Commercial Bank Plc. OFAC is designating Luo, Qiu, Dai, Fang, and Chen pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Group TCO. Cloud Nine No. 4 Leasing Company Limited and CCU Commercial Bank PLC are being designated pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Chen.
Thailand-based White Horse Hotel Management Group Co., Ltd. is a hotel company controlled by Yang Yanming, an individual designated in October 2025 alongside Hu pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Palau-based Grand Legend International Asset Management Co., Ltd, which was concurrently designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Chen Zhi. OFAC is designating White Horse Hotel Management Group Co., Ltd. pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Yang Yanming.
SANCTIONS IMPLICATIONS
As a result of today's action, all property and interests in property of the designated persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC's regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons.
Violations of U.S. sanctions may result in the imposition of civil or criminal penalties on U.S. and foreign persons. OFAC may impose civil penalties for sanctions violations on a strict liability basis. OFAC's Economic Sanctions Enforcement Guidelines provide more information regarding OFAC's enforcement of U.S. economic sanctions. In addition, financial institutions and other persons may risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any designated or blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person. Non-U.S. persons are also prohibited from causing or conspiring to cause U.S. persons to wittingly or unwittingly violate U.S. sanctions, as well as engaging in conduct that evades U.S. sanctions. Individuals located in the U.S. or abroad who provide information about sanctions violations to FinCEN's whistleblower incentive program may be eligible for awards if the information they provide leads to a successful enforcement action that results in monetary penalties exceeding $1,000,000.
The power and integrity of OFAC sanctions derive not only from OFAC's ability to designate and add persons to the SDN List, but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, or to submit a request, please refer to OFAC's guidance on Filing a Petition for Removal from an OFAC List.
Click here for more information on the individuals and entities designated today (https://ofac.treasury.gov/recent-actions/20260623). To report internet crime to the FBI, click here (https://www.ic3.gov/).
FinCEN's Notice of Proposed Rulemaking is available here (https://www.fincen.gov/system/files/2026-06/HPay-NPRM.pdf). Written comments on the NPRM may be submitted within 30 days of publication of the NPRM in the Federal Register.
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Original text here: https://home.treasury.gov/news/press-releases/sb0538
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Treasury Further Dismantles Overseas Scam Operations Targeting Americans
Today, the U.S. Department of the Treasury took coordinated action to further disrupt the Prince Group Transnational Criminal Organization (Prince Group TCO). The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership, investors in scam compounds, and front companies. In parallel, Treasury's Financial ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of the Treasury issued the following news release on June 23, 2026: * * * Treasury Further Dismantles Overseas Scam Operations Targeting Americans Today, the U.S. Department of the Treasury took coordinated action to further disrupt the Prince Group Transnational Criminal Organization (Prince Group TCO). The Department of the Treasury's Office of Foreign Assets Control (OFAC) sanctioned nine individuals and 26 entities linked to Prince Group TCO, including TCO leadership, investors in scam compounds, and front companies. In parallel, Treasury's FinancialCrimes Enforcement Network (FinCEN) proposed amending its October 2025 Huione Group Final Rule to include H-Pay Service PLC and any successor entity. Huione Group served as a critical node for laundering proceeds of cyber heists and virtual currency investment scams and was used by the Prince Group to transfer and consolidate scam-derived assets.
"Scam centers in Southeast Asia steal billions of dollars from American victims each year," said Secretary of the Treasury Scott Bessent. "The Trump Administration is united in its efforts to dismantle these overseas criminal enterprises, and Treasury will continue using its tools to disrupt the networks behind this egregious fraud and protect Americans."
Together, today's actions build on Treasury's October 2025 designation of Prince Group TCO and guard against Huione Group's attempts to circumvent being cut off from the U.S. financial system.
On October 14, 2025, OFAC, in coordination with the United Kingdom's (UK) Foreign, Commonwealth and Development Office, designated Prince Group as a TCO for its role in a global criminal enterprise built on scam compounds, fraud, and money laundering. Prince Group TCO members own and reap substantial profits from scam compounds where fraud operations target victims in the United States and around the world. Prior to its designation, Prince Group TCO oversaw a worldwide money laundering network and invested criminal proceeds across a wide range of businesses, including real estate, aviation, and luxury cigars. Following Treasury's action, countries around the world mobilized against this vicious syndicate, seizing properties, making arrests, and freezing assets with a combined value in the billions of dollars. In January, Chen Zhi, the leader of Prince Group TCO and mastermind behind its sprawling criminal empire, was stripped of his titles and Cambodian citizenship.
This action was taken in coordination with the Federal Bureau of Investigation's New York and San Francisco Field Offices. The FBI San Francisco Field Office today seized infrastructure used by Huione Group to scam Americans. FinCEN appreciates the contributions of the Australian Transaction Reports and Analysis Centre (AUSTRAC) in achieving this outcome. OFAC's action today was also taken in close coordination with Japan's National Police Agency.
These actions are being taken in furtherance of President Trump's Executive Order (E.O.) 14390 of March 6, 2026, "Combating Cybercrime, Fraud, and Predatory Schemes Against American Citizens," which orders the U.S. Government to unleash every available tool to stop foreign-backed criminal networks that exploit vulnerable Americans through cybercrime, cyber-enabled fraud, and extortion. As such, today's action further reflects OFAC's coordination with the Homeland Security Task Force and National Coordination Center. OFAC is designating these 35 targets pursuant to E.O. 13581 ("Blocking Property of Transnational Criminal Organizations"), as amended by E.O. 13863 ("E.O. 13581, as amended").
In addition to the October 2025 designation of the Prince Group TCO, OFAC's action today builds on other Treasury-wide efforts to disrupt scam operators based in Cambodia. Previous actions include OFAC's April 23, 2026 designation of Cambodian senator Kok An and his criminal network, the September 8, 2025 designation of 12 companies and seven individuals based in Cambodia and Burma for their roles in facilitating human trafficking and cyber scams targeting U.S. persons, and OFAC's September 12, 2024 designation of Cambodian tycoon Ly Yong Phat, his conglomerate L.Y.P. Group, and four of his hotels and resorts. Treasury continues to take these actions in close coordination with our international partners to address the shared threat posed by scam centers. Treasury will also continue to take aggressive steps to prevent illicit abuse of the digital asset industry, given its crucial role in global innovation and economic development.
SOPHISTICATED SCAMS TARGETING AMERICANS
Transnational criminal organizations based in Southeast Asia, like the Prince Group TCO and with support of their enablers like Huione Group, continue to target Americans through large-scale cyber-enabled fraud and scam operations. A U.S. government estimate reported that Americans lost at least $10 billion in 2024 to Southeast Asia-based scam operations, a 66 percent increase over the prior year. While these operations employ a variety of techniques to cheat victims out of their savings, one of the most common and lucrative schemes involves digital asset investment fraud. According to FinCEN's September 2023 alert on these scams, perpetrators send text messages directly to potential targets' phones and often use the promise of potential romantic relationships or friendships to gain the trust of their victims. They then convince their targets to make purported "investments" in digital assets on websites that are designed to look like legitimate investment platforms but are actually controlled by the scammers themselves. Ultimately, these scammers steal the funds deposited on the platforms under their control.
Southeast Asia-based criminal organizations often recruit individuals to work in scam centers under false pretenses, such as by offering fake technology or customer service jobs at the centers' connected casinos, resorts, and front companies. Once the individuals arrive at the compounds, the operators confiscate their passports and use debt bondage, physical violence, the threat of forced prostitution, and other methods to coerce them to scam strangers online. The scam operators specifically look to recruit individuals with English language skills to target American victims. Former scammers have reported they were directed to specifically target Americans, and some even had quotas for the number of targets per day. Individual U.S. victims of these scams have in some cases lost their entire life savings.
Additional information on digital asset investment scams and the risks they pose can be found in Treasury's 2026 National Money Laundering Risk Assessment.
TARGETING PRINCE GROUP TCO'S SECOND-IN-COMMAND
Today's action targets Hu Xiaowei (Hu), who has been described as Prince Group TCO's "second-in-command" and as a "big brother" to Prince Group TCO's leader, Chen Zhi. Hu was previously designated by OFAC in October 2025 under one of his aliases, Chen Xiao'er. He is also known by the names Hu Shi and Wu An Ming. Hu's activities on behalf of Prince Group TCO reportedly include setting up and supervising certain of the TCO's subsidiary entities outside of Cambodia; conducting Prince Group TCO-related activities pertaining to aircraft; playing a role in Prince Group TCO-related transnational real estate activities; conducting illicit gambling activities; and owning companies that were ultimately controlled by Prince Group TCO leader Chen Zhi.
Hu controls three companies in the British Virgin Islands: Eagle Fortitude Limited, Leisure Focus Limited, and Future King Inc. (Future King). Through Future King, Hu owns a large network of companies that he uses to manage funds and properties. These companies include two co-located Hong Kong-based asset management firms, China Reserve Securities Limited (China Reserve Securities) and Future Wing Financial Company Limited (Future Wing). Future Wing received millions of dollars of funds that have been assessed to have been derived from cryptocurrency investment scam victims. Future King also owns Singapore-based Future Oasis Pte. Ltd. (Future Oasis) and Hong Kong-based companies Future Cosmos Limited, Future Cosmos One Limited, Future Cosmos Two Limited, CN Crystal Limited, and CN Breeze Limited. OFAC is designating Hu pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Group TCO, a person whose property and interests in property are blocked pursuant to E.O. 13581, as amended. OFAC is also designating Eagle Fortitude Limited, Leisure Focus Limited, Future King, China Reserve Securities, Future Wing, Future Oasis, Future Cosmos Limited, Future Cosmos One Limited, Future Cosmos Two Limited, CN Crystal Limited, and CN Breeze Limited pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Hu.
Hu uses a group of Hong Kong-based subordinates to run his web of companies. Several of these individuals have extensive histories as directors or officers in multiple Hu-controlled companies. Ho Ho Ming (Ho), Kong Ka On (Kong), and Li Hui (Li) are some of Hu's main subordinates. Ho is an officer of China Reserve Securities, Future Wing, and Future Oasis; Kong is an officer of Future Cosmos; and Li is an officer of Future Wing. Kong also controls one Hong Kong-based company -- Tycoon Yachts (HK) Limited -- and 11 UK-based companies: Rocket Sandbox Ltd, DTX Winners Club Limited, Luffa Technology Network Company Limited, Cuban Trading UK Ltd, Halo Network Technology Ltd, Fortune Network Technology Ltd, Charco Charco Holborn Limited, Terra Cotta Warriors Isle of Dogs Ltd, Mingmen London Ltd, Chasca London Limited, and East Link London Ltd. OFAC is designating Ho, Kong, and Li pursuant to E.O. 13581, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Hu. Tycoon Yachts (HK) Limited, Rocket Sandbox Ltd, DTX Winners Club Limited, Luffa Technology Network Company Limited, Cuban Trading UK Ltd, Halo Network Technology Ltd, Fortune Network Technology Ltd, Charco Charco Holborn Limited, Terra Cotta Warriors Isle of Dogs Ltd, Mingmen London Ltd, Chasca London Limited, and East Link London Ltd are being designated pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Kong.
Brendon Luo (Luo) and Qiu Weiren (Qiu) were major investors in a Prince Group TCO scam compound used to facilitate fraud operations. Dai An (Dai) is a high-level leader in the Prince Group TCO and has held an official position in Prince Huan Yu Real Estate Cambodia Group Co., Ltd., a company previously designated by OFAC for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Holding Group. Fang Zhizhen (Fang) has been involved with the Prince Group's online payment gateways for scams and laundered money for the TCO's scam center proceeds. Chen Bo (Chen) is a director of at least six Prince Group TCO companies that were designated in October 2025 and are owned or controlled by Chen Zhi. Chen is also the majority owner of Hong Kong-based Cloud Nine No. 4 Leasing Company Limited and Cambodia-based CCU Commercial Bank Plc. OFAC is designating Luo, Qiu, Dai, Fang, and Chen pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Prince Group TCO. Cloud Nine No. 4 Leasing Company Limited and CCU Commercial Bank PLC are being designated pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Chen.
Thailand-based White Horse Hotel Management Group Co., Ltd. is a hotel company controlled by Yang Yanming, an individual designated in October 2025 alongside Hu pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Palau-based Grand Legend International Asset Management Co., Ltd, which was concurrently designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Chen Zhi. OFAC is designating White Horse Hotel Management Group Co., Ltd. pursuant to E.O. 13581, as amended, for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Yang Yanming.
SANCTIONS IMPLICATIONS
As a result of today's action, all property and interests in property of the designated persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC's regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons.
Violations of U.S. sanctions may result in the imposition of civil or criminal penalties on U.S. and foreign persons. OFAC may impose civil penalties for sanctions violations on a strict liability basis. OFAC's Economic Sanctions Enforcement Guidelines provide more information regarding OFAC's enforcement of U.S. economic sanctions. In addition, financial institutions and other persons may risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any designated or blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person. Non-U.S. persons are also prohibited from causing or conspiring to cause U.S. persons to wittingly or unwittingly violate U.S. sanctions, as well as engaging in conduct that evades U.S. sanctions. Individuals located in the U.S. or abroad who provide information about sanctions violations to FinCEN's whistleblower incentive program may be eligible for awards if the information they provide leads to a successful enforcement action that results in monetary penalties exceeding $1,000,000.
The power and integrity of OFAC sanctions derive not only from OFAC's ability to designate and add persons to the SDN List, but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, or to submit a request, please refer to OFAC's guidance on Filing a Petition for Removal from an OFAC List.
Click here for more information on the individuals and entities designated today (https://ofac.treasury.gov/recent-actions/20260623). To report internet crime to the FBI, click here (https://www.ic3.gov/).
FinCEN's Notice of Proposed Rulemaking is available here (https://www.fincen.gov/system/files/2026-06/HPay-NPRM.pdf). Written comments on the NPRM may be submitted within 30 days of publication of the NPRM in the Federal Register.
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Original text here: https://home.treasury.gov/news/press-releases/sb0538
State Dept. Fact Sheet: Further Sanctions on the Cuban Regime's Revenue Generation Network
WASHINGTON, June 24 -- The U.S. State Department issued the following fact sheet on June 23, 2026:
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Further Sanctions on the Cuban Regime's Revenue Generation Network
Today, the Department of State is designating five entities and one individual to further the Trump Administration's comprehensive push to end the Cuban regime's malign activities, both in Cuba and across our hemisphere.
All Department of State targets sanctioned today have been designated pursuant to Executive Order (E.O.) 14404, which authorizes sanctions on persons determined to meet specified criteria related to repression ... Show Full Article WASHINGTON, June 24 -- The U.S. State Department issued the following fact sheet on June 23, 2026: * * * Further Sanctions on the Cuban Regime's Revenue Generation Network Today, the Department of State is designating five entities and one individual to further the Trump Administration's comprehensive push to end the Cuban regime's malign activities, both in Cuba and across our hemisphere. All Department of State targets sanctioned today have been designated pursuant to Executive Order (E.O.) 14404, which authorizes sanctions on persons determined to meet specified criteria related to repressionin Cuba and other threats to U.S. national security and foreign policy.
Entities Affiliated with the Previously Designated Grupo de Administracion Empresarial S.A. (GAESA)
The following entities associated with Cuba's GAESA are being designated to further restrict the regime's ability to move both money and materials at the cost of U.S. national security and the well-being of the Cuban public:
* ALMACENES UNIVERSALES S.A. (AUSA) is designated pursuant to Sec. 2(a)(i)(B) of E.O. 14404 for being owned, controlled, or directed by, or to have acted or purported to act for or on behalf of, directly or indirectly, the Government of Cuba or any person whose property or interests in property are blocked pursuant to this order. AUSA, a subsidiary of GAESA, is a Cuban logistics and warehousing company specializing in storage, handling, and transportation services, including port-related activities. AUSA controls container traffic at the Port of Mariel Special Development Zone. GAESA was designated under E.O. 14404 on May 7, 2026.
* RAFIN S.A. (RAFIN) is designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the financial services sector of the Cuban economy. RAFIN operates as a key financial management component of the GAESA conglomerate.
* BANCO FINANCIERO INTERNACIONAL S.A. (BFI) is designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the financial services sector of the Cuban economy. BFI is a commercial banking institution absorbed by GAESA in 2016 that handles the vast majority of transactions involving foreign entities transacting in and out of Cuba.
Entities Involved in Exploiting Cuba's Metals and Mining Sector
The following entities are designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the metals and mining sector of the Cuban economy:
* GEOMINERA, S.A., which is a state-owned enterprise under the jurisdiction of the Cuban government's Ministry of Energy and Mines that leverages foreign investment from Australian-based Antilles Gold and other companies to manage Cuba's non-nickel metallic mineral assets. GEOMINERA, S.A. manages Minera La Victoria S.A., which was designated pursuant to E.O. 14404 on June 4, 2026.
* EMPRESA SIDERURGICA JOSE MARTI (Antillana de Acero), which is Cuba's largest raw steel producer, and recently underwent a modernization and expansion in collaboration with Russian entities.
Continued Designations of Cuban Regime Officials and their Networks
To continue restricting the ability of the Cuban regime-aligned elites to benefit while everyday people suffer, ANNALIE LILLIAM RUEDA CARDERO is designated pursuant to Section 2(a)(i)(I) of E.O. 14404 for being an adult family member of ALEJANDRO CASTRO ESPIN, who was designated pursuant to E.O. 14404 on June 4, 2026. ALEJANDRO CASTRO ESPIN is the former head of the Cuban intelligence services and the son of Raul Modesto Castro Ruz.
SANCTIONS IMPLICATIONS
As a result of today's sanctions-related actions, and in accordance with Executive Order (E.O.) 14404 of May 1, 2026, "Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to U.S. National Security and Foreign Policy," all property and interests in property of the designated persons described above that are in the United States or in possession or control of U.S. persons are blocked and must be reported to the Department of the Treasury's Office of Foreign Assets Control (OFAC). Additionally, all entities that are owned individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked.
All transactions and dealings by U.S. persons or persons within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are prohibited unless authorized by a general or specific license issued by OFAC or exempt. These prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person and the receipt of any contribution or provision of funds, goods, or services from any such person. Foreign persons that engage in transactions with persons designated pursuant to E.O. 14404--or that operate in the energy, defense and related materiel, metals and mining, financial services, or security sector of the Cuban economy, as identified in E.O. 14404--are themselves at risk of sanctions. Non-U.S. persons, including foreign financial institutions, should proceed with caution in any dealings with a party sanctioned under this authority. Actions to return assets to a sanctioned party or transfer them to another jurisdiction for potential use by the target could expose non-U.S. persons to significant sanctions risk. All property and interests in property of persons that are blocked pursuant to the Cuban Assets Control Regulations (CACR) continue to be blocked. The CACR prohibits persons subject to U.S. jurisdiction from dealing in property in which Cuba or a Cuban national has an interest, unless authorized or exempt.
The power and integrity of U.S. government sanctions derive not only from the U.S. government's ability to designate and add persons to the Specially Designated Nationals and Blocked Persons (SDN) List, but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.
Petitions for removal from the SDN List may be sent to: OFAC.Reconsideration@treasury.gov. Petitioners may also refer to the Department of State's Delisting Guidance page (https://www.state.gov/sanctions-delisting/).
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Original text here: https://www.state.gov/releases/office-of-the-spokesperson/2026/06/further-sanctions-on-the-cuban-regimes-revenue-generation-network-fact-sheet/
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Further Sanctions on the Cuban Regime's Revenue Generation Network
Today, the Department of State is designating five entities and one individual to further the Trump Administration's comprehensive push to end the Cuban regime's malign activities, both in Cuba and across our hemisphere.
All Department of State targets sanctioned today have been designated pursuant to Executive Order (E.O.) 14404, which authorizes sanctions on persons determined to meet specified criteria related to repression ... Show Full Article WASHINGTON, June 24 -- The U.S. State Department issued the following fact sheet on June 23, 2026: * * * Further Sanctions on the Cuban Regime's Revenue Generation Network Today, the Department of State is designating five entities and one individual to further the Trump Administration's comprehensive push to end the Cuban regime's malign activities, both in Cuba and across our hemisphere. All Department of State targets sanctioned today have been designated pursuant to Executive Order (E.O.) 14404, which authorizes sanctions on persons determined to meet specified criteria related to repressionin Cuba and other threats to U.S. national security and foreign policy.
Entities Affiliated with the Previously Designated Grupo de Administracion Empresarial S.A. (GAESA)
The following entities associated with Cuba's GAESA are being designated to further restrict the regime's ability to move both money and materials at the cost of U.S. national security and the well-being of the Cuban public:
* ALMACENES UNIVERSALES S.A. (AUSA) is designated pursuant to Sec. 2(a)(i)(B) of E.O. 14404 for being owned, controlled, or directed by, or to have acted or purported to act for or on behalf of, directly or indirectly, the Government of Cuba or any person whose property or interests in property are blocked pursuant to this order. AUSA, a subsidiary of GAESA, is a Cuban logistics and warehousing company specializing in storage, handling, and transportation services, including port-related activities. AUSA controls container traffic at the Port of Mariel Special Development Zone. GAESA was designated under E.O. 14404 on May 7, 2026.
* RAFIN S.A. (RAFIN) is designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the financial services sector of the Cuban economy. RAFIN operates as a key financial management component of the GAESA conglomerate.
* BANCO FINANCIERO INTERNACIONAL S.A. (BFI) is designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the financial services sector of the Cuban economy. BFI is a commercial banking institution absorbed by GAESA in 2016 that handles the vast majority of transactions involving foreign entities transacting in and out of Cuba.
Entities Involved in Exploiting Cuba's Metals and Mining Sector
The following entities are designated pursuant to Sec. 2(a)(i)(A) of E.O. 14404 for operating in or having operated in the metals and mining sector of the Cuban economy:
* GEOMINERA, S.A., which is a state-owned enterprise under the jurisdiction of the Cuban government's Ministry of Energy and Mines that leverages foreign investment from Australian-based Antilles Gold and other companies to manage Cuba's non-nickel metallic mineral assets. GEOMINERA, S.A. manages Minera La Victoria S.A., which was designated pursuant to E.O. 14404 on June 4, 2026.
* EMPRESA SIDERURGICA JOSE MARTI (Antillana de Acero), which is Cuba's largest raw steel producer, and recently underwent a modernization and expansion in collaboration with Russian entities.
Continued Designations of Cuban Regime Officials and their Networks
To continue restricting the ability of the Cuban regime-aligned elites to benefit while everyday people suffer, ANNALIE LILLIAM RUEDA CARDERO is designated pursuant to Section 2(a)(i)(I) of E.O. 14404 for being an adult family member of ALEJANDRO CASTRO ESPIN, who was designated pursuant to E.O. 14404 on June 4, 2026. ALEJANDRO CASTRO ESPIN is the former head of the Cuban intelligence services and the son of Raul Modesto Castro Ruz.
SANCTIONS IMPLICATIONS
As a result of today's sanctions-related actions, and in accordance with Executive Order (E.O.) 14404 of May 1, 2026, "Imposing Sanctions on Those Responsible for Repression in Cuba and for Threats to U.S. National Security and Foreign Policy," all property and interests in property of the designated persons described above that are in the United States or in possession or control of U.S. persons are blocked and must be reported to the Department of the Treasury's Office of Foreign Assets Control (OFAC). Additionally, all entities that are owned individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked.
All transactions and dealings by U.S. persons or persons within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are prohibited unless authorized by a general or specific license issued by OFAC or exempt. These prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person and the receipt of any contribution or provision of funds, goods, or services from any such person. Foreign persons that engage in transactions with persons designated pursuant to E.O. 14404--or that operate in the energy, defense and related materiel, metals and mining, financial services, or security sector of the Cuban economy, as identified in E.O. 14404--are themselves at risk of sanctions. Non-U.S. persons, including foreign financial institutions, should proceed with caution in any dealings with a party sanctioned under this authority. Actions to return assets to a sanctioned party or transfer them to another jurisdiction for potential use by the target could expose non-U.S. persons to significant sanctions risk. All property and interests in property of persons that are blocked pursuant to the Cuban Assets Control Regulations (CACR) continue to be blocked. The CACR prohibits persons subject to U.S. jurisdiction from dealing in property in which Cuba or a Cuban national has an interest, unless authorized or exempt.
The power and integrity of U.S. government sanctions derive not only from the U.S. government's ability to designate and add persons to the Specially Designated Nationals and Blocked Persons (SDN) List, but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.
Petitions for removal from the SDN List may be sent to: OFAC.Reconsideration@treasury.gov. Petitioners may also refer to the Department of State's Delisting Guidance page (https://www.state.gov/sanctions-delisting/).
* * *
Original text here: https://www.state.gov/releases/office-of-the-spokesperson/2026/06/further-sanctions-on-the-cuban-regimes-revenue-generation-network-fact-sheet/
MorningStar Farms Voluntarily Recalling Two Varieties Due to Possible Plastic Presence
WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following recall notice:
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MorningStar Farms Voluntarily Recalling Two Varieties Due to Possible Plastic Presence
Summary
Company Announcement Date: June 18, 2026
FDA Publish Date: June 22, 2026
Product Type: Food & Beverages
Reason for Announcement: Possible plastic pieces in the food
Company Name: Morningstar Farms
Brand Name: Morningstar Farms
Product Description: Plant Based Buffalo Chik'n Nuggets and Hot and Spicy Sausage Patties
Company Announcement
CHICAGO - MORNINGSTAR ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following recall notice: * * * MorningStar Farms Voluntarily Recalling Two Varieties Due to Possible Plastic Presence Summary Company Announcement Date: June 18, 2026 FDA Publish Date: June 22, 2026 Product Type: Food & Beverages Reason for Announcement: Possible plastic pieces in the food Company Name: Morningstar Farms Brand Name: Morningstar Farms Product Description: Plant Based Buffalo Chik'n Nuggets and Hot and Spicy Sausage Patties Company Announcement CHICAGO - MORNINGSTARFARMS is voluntarily recalling two varieties of products in the U.S., Puerto Rico and Costa Rica because of possible plastic pieces in the food. Recalled varieties are: MORNINGSTAR FARMS Buffalo Chik'n Nuggets (10.5 oz) and MORNINGSTAR FARMS Hot & Spicy Sausage Patties (8 oz).
No other MORNINGSTAR FARMS brand products are affected by the recall.
HOW TO IDENTIFY THE RECALLED PRODUCT
Table: The affected U.S. products include the following variety
People who purchased affected product should discard it and contact the company for a full refund.
Consumers can contact Consumer Affairs Monday through Friday, 9 AM to 6 PM EST, by calling 800-962-0120 or texting 877-453-5837.
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Original text here: https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/morningstar-farms-voluntarily-recalling-two-varieties-due-possible-plastic-presence
* * *
MorningStar Farms Voluntarily Recalling Two Varieties Due to Possible Plastic Presence
Summary
Company Announcement Date: June 18, 2026
FDA Publish Date: June 22, 2026
Product Type: Food & Beverages
Reason for Announcement: Possible plastic pieces in the food
Company Name: Morningstar Farms
Brand Name: Morningstar Farms
Product Description: Plant Based Buffalo Chik'n Nuggets and Hot and Spicy Sausage Patties
Company Announcement
CHICAGO - MORNINGSTAR ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following recall notice: * * * MorningStar Farms Voluntarily Recalling Two Varieties Due to Possible Plastic Presence Summary Company Announcement Date: June 18, 2026 FDA Publish Date: June 22, 2026 Product Type: Food & Beverages Reason for Announcement: Possible plastic pieces in the food Company Name: Morningstar Farms Brand Name: Morningstar Farms Product Description: Plant Based Buffalo Chik'n Nuggets and Hot and Spicy Sausage Patties Company Announcement CHICAGO - MORNINGSTARFARMS is voluntarily recalling two varieties of products in the U.S., Puerto Rico and Costa Rica because of possible plastic pieces in the food. Recalled varieties are: MORNINGSTAR FARMS Buffalo Chik'n Nuggets (10.5 oz) and MORNINGSTAR FARMS Hot & Spicy Sausage Patties (8 oz).
No other MORNINGSTAR FARMS brand products are affected by the recall.
HOW TO IDENTIFY THE RECALLED PRODUCT
Table: The affected U.S. products include the following variety
People who purchased affected product should discard it and contact the company for a full refund.
Consumers can contact Consumer Affairs Monday through Friday, 9 AM to 6 PM EST, by calling 800-962-0120 or texting 877-453-5837.
* * *
Original text here: https://www.fda.gov/safety/recalls-market-withdrawals-safety-alerts/morningstar-farms-voluntarily-recalling-two-varieties-due-possible-plastic-presence
Justice Department Files Complaint Challenging New York Mask Ban and Identification Requirements for Federal Officers
WASHINGTON, June 24 -- The U.S. Department of Justice issued the following news release on June 23, 2026:
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Justice Department Files Complaint Challenging New York Mask Ban and Identification Requirements for Federal Officers
Yesterday, the Department of Justice filed a lawsuit against the State of New York, Governor of New York Kathy Hochul, New York Attorney General Letitia James, and Assistant Attorney General in Charge, Buffalo Regional Office, challenging their unconstitutional attempt to regulate federal law enforcement officers by criminally prohibiting federal officers from wearing ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Justice issued the following news release on June 23, 2026: * * * Justice Department Files Complaint Challenging New York Mask Ban and Identification Requirements for Federal Officers Yesterday, the Department of Justice filed a lawsuit against the State of New York, Governor of New York Kathy Hochul, New York Attorney General Letitia James, and Assistant Attorney General in Charge, Buffalo Regional Office, challenging their unconstitutional attempt to regulate federal law enforcement officers by criminally prohibiting federal officers from wearingmasks, requiring individual identifiers, and banning cooperative 287(g) agreements with numerous local law enforcement agencies dedicated to helping enforce this nation's laws.
Not only is the law an illegal attempt to regulate the federal government, but, as alleged in the complaint, the law threatens the safety of federal officers who have faced an unprecedented wave of harassment, doxing, and even violence. Threatening officers with prosecution for simply protecting their identities and their families also chills the enforcement of federal law and compromises sensitive law enforcement operations.
"Law enforcement officers risk their lives every day to keep Americans safe, and they do not deserve to be doxed or harassed simply for carrying out their duties," said Acting Attorney General Todd Blanche. "New York's anti-law enforcement policies regulate the federal government and are designed to create risk for our agents. These laws cannot stand."
"Governor Hochul cannot tell Federal officers how to do their job," said Associate Attorney General Stanley Woodward. "And she certainly cannot prohibit them from ensuring their own safety in conducting Federal law enforcement operations. Our suit today stops New York's unconstitutional efforts."
"The Department of Justice will steadfastly protect the privacy and safety of law enforcement from unconstitutional state laws like New York's," said Assistant Attorney General Brett A. Shumate of the Justice Department's Civil Division.
Acting Attorney General Blanche has instructed the Department's Civil Division to identify state and local laws, policies, and practices that facilitate violations of federal laws or impede lawful federal operations. Today's lawsuit is the latest in a series of lawsuits brought by the Civil Division targeting illegal policies designed to thwart federal law enforcement across the country, including in Virginia, New Jersey, and California.
* * *
Original text here: https://www.justice.gov/opa/pr/justice-department-files-complaint-challenging-new-york-mask-ban-and-identification
* * *
Justice Department Files Complaint Challenging New York Mask Ban and Identification Requirements for Federal Officers
Yesterday, the Department of Justice filed a lawsuit against the State of New York, Governor of New York Kathy Hochul, New York Attorney General Letitia James, and Assistant Attorney General in Charge, Buffalo Regional Office, challenging their unconstitutional attempt to regulate federal law enforcement officers by criminally prohibiting federal officers from wearing ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Justice issued the following news release on June 23, 2026: * * * Justice Department Files Complaint Challenging New York Mask Ban and Identification Requirements for Federal Officers Yesterday, the Department of Justice filed a lawsuit against the State of New York, Governor of New York Kathy Hochul, New York Attorney General Letitia James, and Assistant Attorney General in Charge, Buffalo Regional Office, challenging their unconstitutional attempt to regulate federal law enforcement officers by criminally prohibiting federal officers from wearingmasks, requiring individual identifiers, and banning cooperative 287(g) agreements with numerous local law enforcement agencies dedicated to helping enforce this nation's laws.
Not only is the law an illegal attempt to regulate the federal government, but, as alleged in the complaint, the law threatens the safety of federal officers who have faced an unprecedented wave of harassment, doxing, and even violence. Threatening officers with prosecution for simply protecting their identities and their families also chills the enforcement of federal law and compromises sensitive law enforcement operations.
"Law enforcement officers risk their lives every day to keep Americans safe, and they do not deserve to be doxed or harassed simply for carrying out their duties," said Acting Attorney General Todd Blanche. "New York's anti-law enforcement policies regulate the federal government and are designed to create risk for our agents. These laws cannot stand."
"Governor Hochul cannot tell Federal officers how to do their job," said Associate Attorney General Stanley Woodward. "And she certainly cannot prohibit them from ensuring their own safety in conducting Federal law enforcement operations. Our suit today stops New York's unconstitutional efforts."
"The Department of Justice will steadfastly protect the privacy and safety of law enforcement from unconstitutional state laws like New York's," said Assistant Attorney General Brett A. Shumate of the Justice Department's Civil Division.
Acting Attorney General Blanche has instructed the Department's Civil Division to identify state and local laws, policies, and practices that facilitate violations of federal laws or impede lawful federal operations. Today's lawsuit is the latest in a series of lawsuits brought by the Civil Division targeting illegal policies designed to thwart federal law enforcement across the country, including in Virginia, New Jersey, and California.
* * *
Original text here: https://www.justice.gov/opa/pr/justice-department-files-complaint-challenging-new-york-mask-ban-and-identification
FDA Center for Drug Evaluation & Research Issues Warning Letter to Silkrute
WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Great India Overseas Pvt. Ltd. dba Silkrute from its Center for Drug Evaluation and Research:
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Recipient: Mohit Singla, Chief Executive Officer, Great India Overseas Pvt. Ltd. dba Silkrute, #72 Sahni Complex, Model Town, Yamunanagar 135001 Haryana, India, Support@silkrute.com, admin@silkrute.com
Issuing Office: Center for Drug Evaluation and Research (CDER), United States
WARNING LETTER
Reference Number: 729065
To Mohit Singla:
This warning letter ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Great India Overseas Pvt. Ltd. dba Silkrute from its Center for Drug Evaluation and Research: * * * Recipient: Mohit Singla, Chief Executive Officer, Great India Overseas Pvt. Ltd. dba Silkrute, #72 Sahni Complex, Model Town, Yamunanagar 135001 Haryana, India, Support@silkrute.com, admin@silkrute.com Issuing Office: Center for Drug Evaluation and Research (CDER), United States WARNING LETTER Reference Number: 729065 To Mohit Singla: This warning letteradvises you of significant violations observed during a U.S. Food and Drug Administration (FDA) review of your website. Promptly address the violations described herein without delay, including ensuring that appropriate resources are allocated to fully address the violations and prevent their recurrence. This is not intended to be an all-inclusive list of the violations that may exist in connection with your products or operations. It is your responsibility to ensure that your firm complies with all requirements of federal law, including FDA regulations. Failure to adequately address violations may result in regulatory or legal action without further notice including, without limitation, seizure and injunction.
FDA Review
Violations were identified and documented during a review of your website https://www.silkrute.com in May 2026. Based on our review, "ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" are unapproved new drugs under sections 505(a) of the Federal Food, Drug, and Cosmetic Act (FD&C Act), 21 U.S.C. 355(a). As explained further below, introducing or delivering these products for introduction into interstate commerce violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a). Furthermore, "ProGlan Capsules" is a misbranded drug under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), introduced or delivered for introduction into interstate commerce in violation of section 301(a) of the FD&C Act, 21 U.S.C. 331(a).
Violations of the Federal Food, Drug, and Cosmetic Act
The following are violations identified during our review. As a reminder, this is not an all-inclusive list of violations that may exist in connection with your products or operations.
Unapproved New Drug Violations
Based on a review of your website, "ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" products are drugs under section 201(g)(1) of the FD&C Act, 21 U.S.C. 321(g)(1), because they are intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease, and/or intended to affect the structure or any function of the body. Examples from your product labeling, including on your website, that provide evidence of the intended use (as defined in 21 CFR 201.128) of these products as drugs include, but may not be limited to, the following:
ProGlan Capsules
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/crd-ayurveda-proglan-prostate-gland-capsules-50-capsules:
* "Useful in problems of Prostate Glands . . . improves immune system and improves overall muscle strength. ProGlan capsules help in maintaining urinary health. These supplements are good for keeping prostate health in check by combining the best and most natural ingredients."
Cordiagra
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/cordy-herb-cordiagra-stamina-and-energy-booster-mens-sexual-wellness-capsule-for-erectile-dysfunction-with-cordyceps-honey-goat-weed-tongat-ali-maca-root-ginseng-ashwagandha-10capsule:
* "Increase Your Sexual Drive, Strength & Stamina."
* "For Sexual Dysfunction"
* "FOR ERECTILE DYSFUNCTION"
Prost Aid Tablet
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/baidyanath-prostaid-i-urinary-track-infection-i-50-tablets:
* "[A]lleviates the symptoms of BPH[,] urgency of urine[,] urinary tract infection"
* "Indications: Helps in problems of urination i.e., Urinary hesitancy, Dysuria (burning and painful urination)"
"ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" are "new drugs" under section 201(p) of the FD&C Act, 21 U.S.C. 321(p), because they are not generally recognized as safe and effective (GRASE) for use under the conditions prescribed, recommended, or suggested in their labeling. With certain exceptions not applicable here, a new drug may not be introduced or delivered for introduction into interstate commerce without an approved application from FDA in effect, as described in section 505(a) of the FD&C Act, 21 U.S.C. 355(a). No approved applications pursuant to section 505 of the FD&C Act, 21 U.S.C. 355, are in effect for these products. Accordingly, these products are unapproved new drugs. The introduction or delivery for introduction into interstate commerce of these unapproved new drug products violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Misbranded Drug Violations
"ProGlan Capsules" is misbranded under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), because the product label and/or website include a statement that misleadingly suggests that the drug product is approved or endorsed by FDA in some way. The product labeling for "ProGlan Capsules" includes an image of the FDA logo accompanied by the claim "APPROVED." This assertion misleadingly suggests that "ProGlan Capsules" is approved or endorsed by FDA in some way. "ProGlan Capsules" is not the subject of an FDA-approved application or is endorsed by FDA. Therefore, this product is misbranded under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), because its labeling is false or misleading. The introduction or delivery for introduction of a misbranded drug into interstate commerce is prohibited under section 301(a) of the FD&C Act, 21 U.S.C. 331(a).
Conclusion
As previously stated, you are responsible for investigating and determining the root causes of any violations and implementing corrective and preventative measures to ensure sustained compliance so that these violations and any others do not occur.
Send your written response to FDAAdvisory@fda.hhs.gov within fifteen (15) business days of receipt of this letter. Include the specific steps you have taken to correct any violations, an explanation of each step being taken to prevent the recurrence of violations, as well as copies of related documentation. Identify your response with reference number "729065" in the subject line of the email.
If you have information that you believe demonstrates that your products are not in violation of the FD&C Act and FDA regulations, include that information for our consideration.
Please note FDA posts warning letters on www.fda.gov.
Sincerely,
/S/ Tina Smith, M.S., Captain, U.S. Public Health Service, Director, Office of Unapproved Drugs and Labeling Compliance, Office of Compliance, Center for Drug Evaluation and Research, U.S. Food and Drug Administration
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Original text here: https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/great-india-overseas-pvt-ltd-dba-silkrute-729065-06172026
* * *
Recipient: Mohit Singla, Chief Executive Officer, Great India Overseas Pvt. Ltd. dba Silkrute, #72 Sahni Complex, Model Town, Yamunanagar 135001 Haryana, India, Support@silkrute.com, admin@silkrute.com
Issuing Office: Center for Drug Evaluation and Research (CDER), United States
WARNING LETTER
Reference Number: 729065
To Mohit Singla:
This warning letter ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Great India Overseas Pvt. Ltd. dba Silkrute from its Center for Drug Evaluation and Research: * * * Recipient: Mohit Singla, Chief Executive Officer, Great India Overseas Pvt. Ltd. dba Silkrute, #72 Sahni Complex, Model Town, Yamunanagar 135001 Haryana, India, Support@silkrute.com, admin@silkrute.com Issuing Office: Center for Drug Evaluation and Research (CDER), United States WARNING LETTER Reference Number: 729065 To Mohit Singla: This warning letteradvises you of significant violations observed during a U.S. Food and Drug Administration (FDA) review of your website. Promptly address the violations described herein without delay, including ensuring that appropriate resources are allocated to fully address the violations and prevent their recurrence. This is not intended to be an all-inclusive list of the violations that may exist in connection with your products or operations. It is your responsibility to ensure that your firm complies with all requirements of federal law, including FDA regulations. Failure to adequately address violations may result in regulatory or legal action without further notice including, without limitation, seizure and injunction.
FDA Review
Violations were identified and documented during a review of your website https://www.silkrute.com in May 2026. Based on our review, "ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" are unapproved new drugs under sections 505(a) of the Federal Food, Drug, and Cosmetic Act (FD&C Act), 21 U.S.C. 355(a). As explained further below, introducing or delivering these products for introduction into interstate commerce violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a). Furthermore, "ProGlan Capsules" is a misbranded drug under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), introduced or delivered for introduction into interstate commerce in violation of section 301(a) of the FD&C Act, 21 U.S.C. 331(a).
Violations of the Federal Food, Drug, and Cosmetic Act
The following are violations identified during our review. As a reminder, this is not an all-inclusive list of violations that may exist in connection with your products or operations.
Unapproved New Drug Violations
Based on a review of your website, "ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" products are drugs under section 201(g)(1) of the FD&C Act, 21 U.S.C. 321(g)(1), because they are intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease, and/or intended to affect the structure or any function of the body. Examples from your product labeling, including on your website, that provide evidence of the intended use (as defined in 21 CFR 201.128) of these products as drugs include, but may not be limited to, the following:
ProGlan Capsules
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/crd-ayurveda-proglan-prostate-gland-capsules-50-capsules:
* "Useful in problems of Prostate Glands . . . improves immune system and improves overall muscle strength. ProGlan capsules help in maintaining urinary health. These supplements are good for keeping prostate health in check by combining the best and most natural ingredients."
Cordiagra
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/cordy-herb-cordiagra-stamina-and-energy-booster-mens-sexual-wellness-capsule-for-erectile-dysfunction-with-cordyceps-honey-goat-weed-tongat-ali-maca-root-ginseng-ashwagandha-10capsule:
* "Increase Your Sexual Drive, Strength & Stamina."
* "For Sexual Dysfunction"
* "FOR ERECTILE DYSFUNCTION"
Prost Aid Tablet
On the webpage https://www.silkrute.com/health-and-personal/diet-and-nutrition/supplement/baidyanath-prostaid-i-urinary-track-infection-i-50-tablets:
* "[A]lleviates the symptoms of BPH[,] urgency of urine[,] urinary tract infection"
* "Indications: Helps in problems of urination i.e., Urinary hesitancy, Dysuria (burning and painful urination)"
"ProGlan Capsules," "Cordiagra," and "Prost Aid Tablet" are "new drugs" under section 201(p) of the FD&C Act, 21 U.S.C. 321(p), because they are not generally recognized as safe and effective (GRASE) for use under the conditions prescribed, recommended, or suggested in their labeling. With certain exceptions not applicable here, a new drug may not be introduced or delivered for introduction into interstate commerce without an approved application from FDA in effect, as described in section 505(a) of the FD&C Act, 21 U.S.C. 355(a). No approved applications pursuant to section 505 of the FD&C Act, 21 U.S.C. 355, are in effect for these products. Accordingly, these products are unapproved new drugs. The introduction or delivery for introduction into interstate commerce of these unapproved new drug products violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Misbranded Drug Violations
"ProGlan Capsules" is misbranded under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), because the product label and/or website include a statement that misleadingly suggests that the drug product is approved or endorsed by FDA in some way. The product labeling for "ProGlan Capsules" includes an image of the FDA logo accompanied by the claim "APPROVED." This assertion misleadingly suggests that "ProGlan Capsules" is approved or endorsed by FDA in some way. "ProGlan Capsules" is not the subject of an FDA-approved application or is endorsed by FDA. Therefore, this product is misbranded under section 502(a) of the FD&C Act, 21 U.S.C. 352(a), because its labeling is false or misleading. The introduction or delivery for introduction of a misbranded drug into interstate commerce is prohibited under section 301(a) of the FD&C Act, 21 U.S.C. 331(a).
Conclusion
As previously stated, you are responsible for investigating and determining the root causes of any violations and implementing corrective and preventative measures to ensure sustained compliance so that these violations and any others do not occur.
Send your written response to FDAAdvisory@fda.hhs.gov within fifteen (15) business days of receipt of this letter. Include the specific steps you have taken to correct any violations, an explanation of each step being taken to prevent the recurrence of violations, as well as copies of related documentation. Identify your response with reference number "729065" in the subject line of the email.
If you have information that you believe demonstrates that your products are not in violation of the FD&C Act and FDA regulations, include that information for our consideration.
Please note FDA posts warning letters on www.fda.gov.
Sincerely,
/S/ Tina Smith, M.S., Captain, U.S. Public Health Service, Director, Office of Unapproved Drugs and Labeling Compliance, Office of Compliance, Center for Drug Evaluation and Research, U.S. Food and Drug Administration
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Original text here: https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/great-india-overseas-pvt-ltd-dba-silkrute-729065-06172026
FDA Center for Drug Evaluation & Research Issues Warning Letter to Hadassah Healing Oils
WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Hadassah Healing Oils Ltd. from its Center for Drug Evaluation and Research:
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Recipient: Hadassah Healing Oils Ltd, 14 Elm Street, City Villas, Irenepark North West 2571, South Africa, hadassahhealingoils@gmail.com, admin@hadassahhea
Issuing Office: Center for Drug Evaluation and Research (CDER), United States
WARNING LETTER
Reference Number: 729191
To Lechi van Rooyen:
This warning letter advises you of significant violations observed during a ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Hadassah Healing Oils Ltd. from its Center for Drug Evaluation and Research: * * * Recipient: Hadassah Healing Oils Ltd, 14 Elm Street, City Villas, Irenepark North West 2571, South Africa, hadassahhealingoils@gmail.com, admin@hadassahhea Issuing Office: Center for Drug Evaluation and Research (CDER), United States WARNING LETTER Reference Number: 729191 To Lechi van Rooyen: This warning letter advises you of significant violations observed during aU.S. Food and Drug Administration (FDA) review of your website. Promptly address the violations described herein without delay, including ensuring that appropriate resources are allocated to fully address the violations and prevent their recurrence. This is not intended to be an all-inclusive list of the violations that may exist in connection with your products or operations. It is your responsibility to ensure that your firm complies with all requirements of federal law, including FDA regulations. Failure to adequately address violations may result in regulatory or legal action without further notice including, without limitation, seizure and injunction.
FDA Review
Violations were identified and documented during a review of your website https://hadassahhealingoils.com/ in May 2026. Based on our review, "Prostate Blend" is an unapproved new drug under section 505(a) of the Federal Food, Drug, and Cosmetic Act (FD&C Act), 21 U.S.C. 355(a). As explained further below, introducing or delivering these products for introduction into interstate commerce violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Violations of the Federal Food, Drug, and Cosmetic Act
The following are violations identified during our review. As a reminder, this is not an all-inclusive list of violations that may exist in connection with your products or operations.
Unapproved New Drug Violations
Based on a review of your website, "Prostate Blend" is a drug under section 201(g)(1) of the FD&C Act, 21 U.S.C. 321(g)(1), because it is intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease, and/or intended to affect the structure or any function of the body. Examples from your product labeling, including on your website, that provide evidence of the intended use (as defined in 21 CFR 201.128) of this product as a drug include, but may not be limited to, the following:
On the webpage https://hadassahhealingoils.com/product/prostate-oil-30ml-blend/:
* "Assists with prostate healing and prostate cancer healing."
* "[H]elp relieve the urge to constantly urinate."
* "Refer to the Benign Prostate Enlargement (BPE) Protocol."
"Prostate Blend" is a "new drug" under section 201(p) of the FD&C Act, 21 U.S.C. 321(p), because it is not generally recognized as safe and effective (GRASE) for use under the conditions prescribed, recommended, or suggested in its labeling. With certain exceptions not applicable here, a new drug may not be introduced or delivered for introduction into interstate commerce without an approved application from FDA in effect, as described in section 505(a) of the FD&C Act, 21 U.S.C. 355(a). No approved applications pursuant to section 505 of the FD&C Act, 21 U.S.C. 355, are in effect for this product. Accordingly, this product is an unapproved new drug. The introduction or delivery for introduction into interstate commerce of this unapproved new drug product violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Conclusion
As previously stated, you are responsible for investigating and determining the root causes of any violations and implementing corrective and preventative measures to ensure sustained compliance so that these violations and any others do not occur.
Send your written response to FDAAdvisory@fda.hhs.gov within fifteen (15) business days of receipt of this letter. Include the specific steps you have taken to correct any violations, an explanation of each step being taken to prevent the recurrence of violations, as well as copies of related documentation. Identify your response with reference number "729191" in the subject line of the email.
If you have information that you believe demonstrates that your product is not in violation of the FD&C Act and FDA regulations, include that information for our consideration.
Please note FDA posts warning letters on www.FDA.gov.
Sincerely,
/S/ Tina Smith, M.S., Captain, U.S. Public Health Service, Director, Office of Unapproved Drugs and Labeling Compliance, Office of Compliance, Center for Drug Evaluation and Research, U.S. Food and Drug Administration
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Original text here: https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/hadassah-healing-oils-ltd-729191-06172026
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Recipient: Hadassah Healing Oils Ltd, 14 Elm Street, City Villas, Irenepark North West 2571, South Africa, hadassahhealingoils@gmail.com, admin@hadassahhea
Issuing Office: Center for Drug Evaluation and Research (CDER), United States
WARNING LETTER
Reference Number: 729191
To Lechi van Rooyen:
This warning letter advises you of significant violations observed during a ... Show Full Article WASHINGTON, June 24 -- The U.S. Department of Health and Human Services Food and Drug Administration issued the following warning letter to Hadassah Healing Oils Ltd. from its Center for Drug Evaluation and Research: * * * Recipient: Hadassah Healing Oils Ltd, 14 Elm Street, City Villas, Irenepark North West 2571, South Africa, hadassahhealingoils@gmail.com, admin@hadassahhea Issuing Office: Center for Drug Evaluation and Research (CDER), United States WARNING LETTER Reference Number: 729191 To Lechi van Rooyen: This warning letter advises you of significant violations observed during aU.S. Food and Drug Administration (FDA) review of your website. Promptly address the violations described herein without delay, including ensuring that appropriate resources are allocated to fully address the violations and prevent their recurrence. This is not intended to be an all-inclusive list of the violations that may exist in connection with your products or operations. It is your responsibility to ensure that your firm complies with all requirements of federal law, including FDA regulations. Failure to adequately address violations may result in regulatory or legal action without further notice including, without limitation, seizure and injunction.
FDA Review
Violations were identified and documented during a review of your website https://hadassahhealingoils.com/ in May 2026. Based on our review, "Prostate Blend" is an unapproved new drug under section 505(a) of the Federal Food, Drug, and Cosmetic Act (FD&C Act), 21 U.S.C. 355(a). As explained further below, introducing or delivering these products for introduction into interstate commerce violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Violations of the Federal Food, Drug, and Cosmetic Act
The following are violations identified during our review. As a reminder, this is not an all-inclusive list of violations that may exist in connection with your products or operations.
Unapproved New Drug Violations
Based on a review of your website, "Prostate Blend" is a drug under section 201(g)(1) of the FD&C Act, 21 U.S.C. 321(g)(1), because it is intended for use in the diagnosis, cure, mitigation, treatment, or prevention of disease, and/or intended to affect the structure or any function of the body. Examples from your product labeling, including on your website, that provide evidence of the intended use (as defined in 21 CFR 201.128) of this product as a drug include, but may not be limited to, the following:
On the webpage https://hadassahhealingoils.com/product/prostate-oil-30ml-blend/:
* "Assists with prostate healing and prostate cancer healing."
* "[H]elp relieve the urge to constantly urinate."
* "Refer to the Benign Prostate Enlargement (BPE) Protocol."
"Prostate Blend" is a "new drug" under section 201(p) of the FD&C Act, 21 U.S.C. 321(p), because it is not generally recognized as safe and effective (GRASE) for use under the conditions prescribed, recommended, or suggested in its labeling. With certain exceptions not applicable here, a new drug may not be introduced or delivered for introduction into interstate commerce without an approved application from FDA in effect, as described in section 505(a) of the FD&C Act, 21 U.S.C. 355(a). No approved applications pursuant to section 505 of the FD&C Act, 21 U.S.C. 355, are in effect for this product. Accordingly, this product is an unapproved new drug. The introduction or delivery for introduction into interstate commerce of this unapproved new drug product violates sections 301(d) and 505(a) of the FD&C Act, 21 U.S.C. 331(d) and 355(a).
Conclusion
As previously stated, you are responsible for investigating and determining the root causes of any violations and implementing corrective and preventative measures to ensure sustained compliance so that these violations and any others do not occur.
Send your written response to FDAAdvisory@fda.hhs.gov within fifteen (15) business days of receipt of this letter. Include the specific steps you have taken to correct any violations, an explanation of each step being taken to prevent the recurrence of violations, as well as copies of related documentation. Identify your response with reference number "729191" in the subject line of the email.
If you have information that you believe demonstrates that your product is not in violation of the FD&C Act and FDA regulations, include that information for our consideration.
Please note FDA posts warning letters on www.FDA.gov.
Sincerely,
/S/ Tina Smith, M.S., Captain, U.S. Public Health Service, Director, Office of Unapproved Drugs and Labeling Compliance, Office of Compliance, Center for Drug Evaluation and Research, U.S. Food and Drug Administration
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Original text here: https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/hadassah-healing-oils-ltd-729191-06172026
BLS: Producer Price Index Up 6.5% Over Year Ending May 2026
WASHINGTON, June 24 (TNSLrpt) -- The U.S. Department of Labor Bureau of Labor Statistics issued the following document on June 23, 2026, from Economics Daily:
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Producer Price Index up 6.5 percent over year ending May 2026
The Producer Price Index for final demand increased 6.5 percent for the 12 months ended in May 2026, the largest 12-month rise since moving up 7.4 percent in November 2022.
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Chart: Producer Price Index for final demand, 12-month percent change, not seasonally adjusted
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Prices for services rose 4.9 percent over the year, while prices for trade services rose ... Show Full Article WASHINGTON, June 24 (TNSLrpt) -- The U.S. Department of Labor Bureau of Labor Statistics issued the following document on June 23, 2026, from Economics Daily: * * * Producer Price Index up 6.5 percent over year ending May 2026 The Producer Price Index for final demand increased 6.5 percent for the 12 months ended in May 2026, the largest 12-month rise since moving up 7.4 percent in November 2022. * * * Chart: Producer Price Index for final demand, 12-month percent change, not seasonally adjusted * * * Prices for services rose 4.9 percent over the year, while prices for trade services rose4.1 percent. Prices for transportation and warehousing services rose 14.2 percent.
These data are from the Producer Price Indexes (https://www.bls.gov/ppi) program and are not seasonally adjusted. To learn more, see "Producer Price Indexes -- May 2026 (https://www.bls.gov/news.release/archives/ppi_06112026.htm)." Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer price data are subject to revision each month after initial publication before becoming final after 4 months. Also see more charts related to the latest "U.S. Producer Price Indexes" news release (https://www.bls.gov/charts/producer-price-index/).
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SUGGESTED CITATION
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index up 6.5 percent over year ending May 2026 at https://www.bls.gov/opub/ted/2026/producer-price-index-up-6-5-percent-over-year-ending-may-2026.htm (visited June 24, 2026).
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View original text plus charts and tables here: https://www.bls.gov/opub/ted/2026/producer-price-index-up-6-5-percent-over-year-ending-may-2026.htm
* * *
Producer Price Index up 6.5 percent over year ending May 2026
The Producer Price Index for final demand increased 6.5 percent for the 12 months ended in May 2026, the largest 12-month rise since moving up 7.4 percent in November 2022.
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Chart: Producer Price Index for final demand, 12-month percent change, not seasonally adjusted
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Prices for services rose 4.9 percent over the year, while prices for trade services rose ... Show Full Article WASHINGTON, June 24 (TNSLrpt) -- The U.S. Department of Labor Bureau of Labor Statistics issued the following document on June 23, 2026, from Economics Daily: * * * Producer Price Index up 6.5 percent over year ending May 2026 The Producer Price Index for final demand increased 6.5 percent for the 12 months ended in May 2026, the largest 12-month rise since moving up 7.4 percent in November 2022. * * * Chart: Producer Price Index for final demand, 12-month percent change, not seasonally adjusted * * * Prices for services rose 4.9 percent over the year, while prices for trade services rose4.1 percent. Prices for transportation and warehousing services rose 14.2 percent.
These data are from the Producer Price Indexes (https://www.bls.gov/ppi) program and are not seasonally adjusted. To learn more, see "Producer Price Indexes -- May 2026 (https://www.bls.gov/news.release/archives/ppi_06112026.htm)." Producer price indexes measure prices that U.S. producers receive for goods, services, and construction. All producer price data are subject to revision each month after initial publication before becoming final after 4 months. Also see more charts related to the latest "U.S. Producer Price Indexes" news release (https://www.bls.gov/charts/producer-price-index/).
* * *
SUGGESTED CITATION
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Producer Price Index up 6.5 percent over year ending May 2026 at https://www.bls.gov/opub/ted/2026/producer-price-index-up-6-5-percent-over-year-ending-may-2026.htm (visited June 24, 2026).
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View original text plus charts and tables here: https://www.bls.gov/opub/ted/2026/producer-price-index-up-6-5-percent-over-year-ending-may-2026.htm