Exclusive
Jury acquits Maltese business tycoon in the murder of Daphne Caruana Galizia Jury acquits Maltese business tycoon in the murder of Daphne Caruana Galizia Big fines and settlements barely dent cancer drugmakers’ revenues, fail to deter wrongdoing Big fines and settlements barely dent cancer drugmakers’ revenues, fail to deter wrongdoing Crypto giant Tether promised careful vetting. Some early customers were later implicated in financial crimes. Crypto giant Tether promised careful vetting. Some early customers were later implicated in financial crimes.
Current Affairs

Southeast Asia’s scam gangs regroup after Cambodia’s purge

Cambodia says it has flushed out a scam industry estimated to have stolen tens of billions of US dollars last year alone, but a string…

By Samantha Johnson / September 2, 2026
Cambodia says it has flushed out a scam industry estimated to have stolen tens of billions of US dollars last year alone, but a string of arrests in recent days suggests the gangs behind it may have simply changed address.

Scam centres proliferated across Cambodia during the pandemic, when hundreds of thousands of jobless young people were pulled into defunct casino complexes to target victims worldwide with bogus romance, cryptocurrency and investment frauds.

Chinese public security officers escort a suspected China-born scam boss off a plane after he was extradited from Cambodia in April. Photo: China’s Ministry of Public Security / AFP
Chinese public security officers escort a suspected China-born scam boss off a plane after he was extradited from Cambodia in April. Photo: China’s Ministry of Public Security / AFP

The sector operated largely in the open despite government denials of complicity or profit. It also triggered a human trafficking crisis, with tens – perhaps hundreds – of thousands forced to work in scam compounds.

In July, the United Nation’s Office on Drugs and Crime estimated that scam-related losses across the Asia-Pacific reached between US$88 billion and US$114 billion in 2025 alone, a sum that it said “even at the low end, outstrips the GDP of several countries in the region”.

For comparison, Cambodia’s gross domestic product in 2025 was around US$50 billion, while Myanmar’s stood at roughly US$82 billion, according to World Bank estimates.

Displaced, not destroyed

Cambodia’s Information Ministry said in February that more than 250 scam sites had been closed down as its crackdown gathered pace, with 48,000 foreign nationals deported.

Don't Miss: