By Shoon Naing
THE U.S. has imposed sanctions on cyber scam operators in Myanmar and Cambodia, a booming industry the U.S. says stole tens of billions from Americans last year, according to a Treasury Department statement.
Criminal networks have trafficked hundreds of thousands of people into Southeast Asian scam compounds, especially along the Thai-Myanmar border, where they are forced into debt bondage and defrauding strangers online.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
