"This law is the most important legal instrument for Cambodia in combating scams online, fighting money laundering and demonstrating that Cambodia is not a paradise or a safe haven for criminals. The new legislation approved by the Cabinet sets five to 10 years in prison and a fine of 500 million to 1 billion riels for organizing or directing a technology fraud site."
"In case of human trafficking or violence, detention or confinement, the penalties range from 10 to 20 years plus a fine of up to 2 billion riels. In case of a death linked to a scam center, the offense is punishable by imprisonment from 15 to 30 years, or life."
"Since last July, the government has targeted 250 locations believed to be carrying out online scams, and has shut down about 200. The government has filed 79 cases involving 697 alleged scam ringleaders and their associates, and has repatriated almost 10,000 scam center workers from 23 countries."
Cambodia has drafted comprehensive legislation to combat online scam operations, which have victimized people worldwide through fraudulent investment schemes and romance scams, resulting in tens of billions of dollars in annual losses. The law imposes sentences of 5-10 years for organizing fraud sites, 10-20 years for human trafficking or violence, and 15-30 years or life imprisonment for deaths. Since July, Cambodia's government has targeted 250 suspected scam locations and shut down approximately 200, filing 79 cases against 697 alleged ringleaders. The country has repatriated nearly 10,000 scam center workers from 23 countries who were recruited through false job offers and forced into near-slavery conditions. The legislation requires parliamentary approval and represents Cambodia's commitment to eliminating its status as a criminal safe haven.
Read at Fast Company
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