China Is Cracking Down on Scams. Just Not the Ones Hitting Americans
CommentLoaderSave StorySave this storyCommentLoaderSave StorySave this storyGovernments around the world have been struggling to address the rise of industrial-scale scamming operations based in countries like Laos, Myanmar, and Cambodia that have cost victims billions of dollars over the past few years. The operations often have ties to Chinese organized crime, use forced labor to carry out the actual scamming, and rely on vast money laundering networks to collect a profit. They have become so widespread and ingrained in the region that even major international law enforcement collaborations targeting individual scam centers or kingpins haven’t been able to stem the tide.The FBI said this week that “cyber-enabled” scam complaints from Americans totaled more than $17.7 billion in…
