The government will sanction 15 individuals and 132 entities to tackle online organized crime targeting South Koreans in Southeast Asia.

According to the foreign ministry on Thursday, those sanctioned include Chen Zhi, chairman of Cambodia-based Prince Holding Group, which created and operated criminal cyber-scam facilities.  

Huione Group, another Cambodian conglomerate suspected of involvement in money laundering, and its subsidiaries were also slapped with sanctions. 

Last month, Prince Holding Group was sanctioned by the U.S. and British governments, and Huione Group was classified as a "primary money laundering concern" by the U.S. Treasury's Financial Crimes Enforcement Network.

The measure marks the government's largest single sanction and its first targeting transnational crime.