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Asian scam operations worth €35 billion spreading across the world

ASIA - New online markets, money laundering networks, stolen data products, malware, artificial intelligence and deepfake technologies are laying the ground for the rise of crime as a service,...

Times of Suriname

the UN report says. Transnational organized crime groups in East and Southeast Asia are spreading their lucrative scam operations across the globe in response to increased crackdowns by authorities, according to a UN report issued on Monday.

For several years, scam compounds have proliferated in Southeast Asia, especially in the border areas of Cambodia, Laos and Myanmar, as well as in the Philippines, with scammers shifting operations from site to site to stay one step ahead of the police. More recently, scam centers that have cheated victims out of billions of dollars through false romantic ploys, bogus investment pitches and illegal gambling schemes are now being reported operating as far afield as Africa and Latin America. Asian crime syndicates have been expanding operations deeper into remote areas with lax law enforcement that are vulnerable to the influx, according to the report issued by the UN Office on Drugs and Crime (UNDOC). (Euronews)

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Asian scam operations worth €35 billion spreading across the world