In Cambodia, scammers celebrate their financial victories with fireworks, signaling the loss of countless victims' savings to various fraudulent schemes like online romance and fake cryptocurrency exchanges. Despite efforts from international institutions such as the F.B.I. and Interpol, and preventive measures from telecoms and banks, the money-laundering networks thrive due to their efficiency. These operations are deeply entrenched, particularly in cities like Phnom Penh and Sihanoukville, where scammers operate from fortified call centers and mingling in restaurants, perpetuating a cycle that drains tens of billions from global victims annually.
By the time the shells pop and crackle, somebody's life savings are probably gone. Maybe the victim fell for an online romance scam or bought into a fake cryptocurrency exchange.
Telecom companies have blocked numbers. Banks have issued repeated warnings. Yet the industry persists because its money-laundering operation is so efficient.
Collection
[
|
...
]