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.
He was writing from hell, 8,000 miles away. A summer shower had left a rainbow over my Brooklyn neighborhood, and my two children were playing in a kiddie pool on the roof of our apartment building. Now the sun was setting, while I-in typical 21st-century parenting fashion, forgive me-compulsively scrolled through every app on my phone. The message had no subject line and came from an address on the encrypted email service Proton Mail: "vaultwhistle@proton.me." I opened it.
"2026 is going to be about how we deliver RMK13," YB Akmal Nasrullah Mohd Nasir told Fortune ahead of the Forum Ekonomi Malaysia summit on Feb. 5. "It's a higher chance of success compared to trying to come up with a new policy direction," he added later. "Two years is quite a short runway." Malaysia must hold general elections no later than February 2028, where voters will decide whether to extend the mandate of current Prime Minister Anwar Ibrahim and his Pakatan Harapan governing coalition.
Chinese authorities on Thursday confirmed that Cambodia had extradited a tycoon accused of running a massive online scam operation. Chinese-born Chen Zhi is chairman of Prince Holding Group, one of Cambodia's largest conglomerates that the US says has served as a front for "one of Asia's largest transnational criminal organizations." The US had indicted and sanctioned him in October on fraud and money-laundering charges over running a multibillion-dollar cyberscam network from Cambodia.
