Try Pheap

In its 2019 designation, the U.S. Treasury stated that Try Pheap owned or controlled multiple Cambodia-based companies and alleged that his business activity was connected to Cambodia's natural-resources economy and the timber sector. == Timber sector and illegal-logging allegations ==

A 2015 report by Global Witness described Cambodia's illegal trade in precious timber and alleged that influential networks were involved in the extraction and cross-border movement of high-value wood products. A report by the Global Initiative Against Transnational Organized Crime discussed Cambodia's illegal logging economy and described how illicit timber supply chains can intersect with corruption, patronage and cross-border trade routes. == Sanctions ==

2019 Global Magnitsky designation On 9 December 2019, OFAC designated Try Pheap under Executive Order 13818 (Global Magnitsky sanctions), alleging corruption connected to Cambodia's natural-resources sector. The U.S. Treasury announcement also designated entities described as owned or controlled by him. The U.S. Treasury announcement listed the following entities as owned or controlled by Try Pheap: • Try Pheap Import Export Co., Ltd. • MDS Import Export Co., Ltd. • Santipheap Import Export Co., Ltd. • Try Pheap Forestry Development Co., Ltd. Cambodian officials criticised the sanctions action and characterised the allegations as groundless. 2025 U.S. action linked to cyber scams On 8 September 2025, the U.S. Treasury sanctioned M.D.S. Heng He Co., Ltd., stating that it was chaired by Try Pheap and describing it as developing a large compound project in Pursat province that the U.S. Treasury said would include on-site accommodation and facilities used to conduct online schemes; the U.S. Treasury statement referenced Try Pheap's 2019 designation under Executive Order 13818. == See also ==