US businessman detained in Myanmar over alleged Chamber of Commerce fraud

An American former business leader has been detained in Myanmar, days after a US trade organisation revealed it had uncovered suspicious financial dealings linked to former members of its board.

Adam Castillo, the founder of security and risk management firm AGS Myanmar and a former US Marine officer, was detained on Thursday at Yangon International Airport upon returning to the country, according to an associate who spoke on condition of anonymity, citing safety concerns. He had served as president of the American Chamber of Commerce in Myanmar — known as AmCham — between 2023 and 2025.

The detention follows disclosures in AmCham’s annual report, published on 29 May, that the organisation’s current board had uncovered what it described as suspect transactions carried out by “former board representatives.” The board commissioned a law firm to…

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